The Triangle's unemployment rate dipped slightly in January to 7.9 percent, down 0.2 percent from December's 8.1 percent rate.
Data released today by the NC Employment Security Commission showed that the unemployment rate for January went up in 99 out of 100 counties in the state. However, the ESC figures are not seasonally adjusted. The News & Observer reports figures that have been seasonally adjusted by Wells Fargo Securities in Charlotte.
Despite the number of unemployed workers in the state rising, from 428,495 in December to 463,492 in January, indications are that hiring is picking up, said Mark Vitner, senior economist for Wells Fargo. Some of the bump may be attributed to seasonal workers who were hired the holidays being laid off in January.
"Businesses are being more selective than they have been in the past," he said. "We expect close to 15,000 jobs to be created in the Raleigh-Durham area this year, with gains in business and professional servicces, retailing and health care leading the way."