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Disaster Unemployment Assistance offers up to 6 months of payments, much longer than North Carolina's regular maximum assistance of 12 weeks.
North Carolina unemployment: 3.3% Year to year, 3,571 more people working compared to October 2022. 6,833 unemployed individuals in the region as of October 2023.
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
Holmes compared counties close to the border between states with and without right-to-work laws, thereby holding constant an array of factors related to geography and climate. He found that the cumulative growth of employment in manufacturing in the right-to-work states was 26% greater than that in the non-right-to-work states. [34]
That is, unemployment insurance could create longer or more frequent episodes of unemployment than would otherwise occur. This could occur if workers partially cushioned against periods of unemployment are more likely to accept jobs that have a higher risk of unemployment, or spend more time searching for a new job after becoming unemployed. [76]
North Carolina’s unemployment rate of 3.4% is virtually in the middle of all 50 states. The rate is slightly higher than those of neighboring states Virginia, Tennessee, Georgia and South Carolina.
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