The Triangle's job market continues to outshine the rest of the state, but bleak unemployment conditions aren't improving as the economic recovery sputters.
This region's jobless rate rose to 8.2 percent in July, according to data released Friday by the N.C. Employment Security Commission and seasonally adjusted by Wells Fargo Securities economists in Charlotte. That's up from 8.1 percent in June.
Cuts in state government and education are hurting the local economy, and private employers are increasingly reluctant to ramp up hiring, said Wells Fargo senior economist Mark Vitner.
"The cost of making a mistake is much greater in a slower growing economy," Vitner said. "Businesses have become much more hesitant about expanding."
