North Carolina’s official unemployment rate climbed last month for the first time since February, jumping from 9.6 percent in October to 9.7 percent in November.

In addition, the Tar Heel State registered the largest month-to-month job loss ? 12,500 jobs ?of any state in the country.

Joe Coletti says these latest numbers remind us that an economic policy relying heavily on corporate welfare doesn’t work. He offers more detail here and in the video clip below.