North Carolina’s April County and Area Employment Figures Released

North Carolina’s April County and Area Employment Figures Released

By / State News / الإثنين, 13 حزيران/يونيو 2016 04:00

RALEIGH - Unemployment rates (not seasonally adjusted) decreased in 95 of North Carolina’s counties in April, increased in three, and remained unchanged in two.  Scotland County had the highest unemployment rate at 9.5 percent, while Buncombe County had the lowest at 3.7 percent.  Fourteen of the state’s metro areas experienced rate decreases and one remained unchanged. Among the Metro areas, Rocky Mount at 7.6 percent experienced the highest rate and Asheville had the lowest rate at 3.9 percent.  The April not seasonally adjusted statewide rate was 5.0 percent.
When compared to the same month last year, not seasonally adjusted unemployment rates decreased in 94 counties, increased in two, and remained unchanged in four.  All 15 metro areas experienced rate decreases over the year. The number of workers employed statewide (not seasonally adjusted) decreased in April by 170 to 4,614,275 while those unemployed decreased 18,743 to 243,285.  Since April 2015, the number of workers employed statewide increased 106,280, while those unemployed decreased 16,928.
It is important to note that employment estimates are subject to large seasonal patterns; therefore, it is advisable to focus on over-the-year changes in the not seasonally adjusted estimates.
The next unemployment update is scheduled for Friday, June 17, 2016 when the state unemployment rate for May 2016 will be released.
New Hanover County's workforce of 114,857 had 5,317 unemployed for a rate of 4.6% for April 2016 which is a -0.5% decrease from the March 2016 rate of 5.1% and a -0.3% decrease from the April 2015 rate of 4.9%.
For the City of Wilmington, 6,700 of the 141,068 workforce were unemployed in April 2016 for a rate of 4.7% which is -0.5% decrease from the March 2016 rate of 5.2% and a -0.4% decrease from the April 2015 rate of 5.1%.
New Hanover County ranked 17th among North Carolina's 100 counties for unemployment.
North Carolina’s statewide unemployment rate (not seasonally adjusted) was 5.0 percent in April. This was 0.4 of a percentage-point decrease from March’s revised rate, and 0.5 of a percentagepoint decrease over the year. Over the month, the unemployment rate decreased in 95 counties, while increasing in three and remaining unchanged in two. Thirty-eight counties had unemployment rates at or below the state’s 5.0 percent rate.
Scotland county recorded April’s highest unemployment rate at 9.5 percent, followed by Hyde at 9.4 percent, Graham at 9.2 percent, Edgecombe at 9.0 percent, and Wilson at 8.7 percent. Buncombe County had the lowest unemployment rate at 3.7 percent, followed by Chatham, Henderson & Orange at 4.1 percent, and Wake at 4.2 percent. Unemployment rates decreased in 14 of the state’s 15 Metropolitan Statistical Areas (MSAs) over the month. The Rocky Mount MSA had the highest unemployment rate in April at 7.6 percent, followed by Fayetteville at 6.3 percent.
Asheville reported the month’s lowest unemployment rate at 3.9 percent, followed by Raleigh, 4.2 percent and Durham/Chapel Hill, 4.4 percent.
Over the month, net industry employment increased in 12 of 15 MSAs. Charlotte/Concord/Gastonia, NC-SC had the largest net employment increase with 9,200, followed by Greensboro/High Point, 3,200; Wilmington, 2,600; and Raleigh, 2,500. Wilmington experienced the greatest percentage increase at 2.2 percent, followed by Burlington, 1.7 percent; Jacksonville, 1.2 percent; and Asheville, 1.1 percent. Rocky Mount (600; 1.1%) reported the largest over-the-month decrease, followed by Greenville (300; 0.4%) and Winston-Salem (200; 0.1%). It is important to note that employment estimates are subject to large seasonal patterns; therefore, it is advisable to focus on over-the-year changes in the not seasonally adjusted series. Over the year, employment rose in 12 of 15 MSAs. Charlotte/Concord/Gastonia, NC-SC had the largest net employment increase at 32,200, followed by Raleigh, 19,700; Greensboro/High Point, 5,200; Durham/Chapel Hill 4,900; and Asheville, 3,700. Raleigh had the greatest percentage increase at 3.4 percent, followed by Charlotte/Concord/Gastonia, NC-SC, 2.9 percent; and Burlington, 2.7 percent. Decreases were reported in Rocky Mount (500, 0.9%), Greenville (400; 0.5%) and Jacksonville (100; 0.2%).
Source: North Carolina Department of Commerce.

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