Looks to have spiked after benefits were cut midyear, then corrected. Might have been a prelude to the federal elimination of benefits for 1.2 million people at year end? If so, there is a sharp ‘correction’ in payroll employment heading our way:
North Carolina employment level:
![](https://moslereconomics.com/wp-content/graphs/2014/07/nc-employ-level-small.png)
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North Carolina change in employment:
![](https://moslereconomics.com/wp-content/graphs/2014/07/nc-change-in-employ-small.png)
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