N.C. Sept. Employment Figures Released

N.C. Sept. Employment Figures Released

By / State News / الثلاثاء, 04 تشرين2/نوفمبر 2014 05:00

RALEIGH, N.C. : October 29th, 2014 - Unemployment rates (not seasonally adjusted) decreased in 98 of North Carolina’s counties in September, increased in one, and remained unchanged in one.
Graham County had the highest unemployment rate at 12.2 percent while Currituck County had the lowest at 4.2 percent. All of the state’s metro areas experienced rate decreases. Among the Metro areas, Rocky Mount at 8.8 percent experienced the highest rate and Asheville at 4.6 percent had the lowest. The September not seasonally adjusted statewide rate was 6.1 percent. When compared to the same month last year, not seasonally adjusted unemployment rates decreased in 98 counties, increased in one, and remained the same in one. All 14 metro areas experienced rate decreases over the year. 6,156 of New Hanover County's workforce of 109,724 were unemployed in September 2014 for a rate of 5.6% which is -1.5% below the rate of 7.1% in September 2013 and down -0.9% from the August 2014 rate of 6.5%.
For the City of Wilmington, the September 2014 rate was 6.0%, down -0.8% from the prior month and down -1.4% from September 2013.
New Hanover County ranked 23rd among North Carolina's 100 counties in September for unemployment on a scale with 1 being the lowest  in Currituck County at 4.2% and Graham County ranking 100th with 12.2%. Graham has a work force of 3,859 with 472 unemployed.
The number of workers employed statewide (not seasonally adjusted) increased in September by 45,670 to 4,373,599, while those unemployed decreased 41,683 to 282,633. Since September 2013, the number of workers employed statewide increased 22,939, while those unemployed decreased 58,540.
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, November 21, 2014 when the state unemployment rate for October 2014 will be released.
North Carolina’s statewide unemployment rate (not seasonally adjusted) was 6.1 percent in September. This was a 0.9 of a percentage-point decrease from August’s revised rate, and a 1.2 percentage-point decline over the year.
Over the month, the unemployment rate decreased in 98 counties, increased in Currituck, and was unchanged in Swain.
Forty counties had unemployment rates at or below the state’s 6.1 percent rate.
Graham County recorded September’s highest unemployment rate at 12.2 percent, decreasing 0.9 of a percentage point from the previous month. Scotland County had the second-highest rate at 11.3 percent, decreasing 1.3 percentage points over the month. Chatham and Currituck Counties had the lowest unemployment rates at 4.2 percent, followed by Henderson and Orange at 4.5 percent.
Unemployment rates decreased in all 14 of the state’s Metropolitan Statistical Areas (MSAs) over the month. The Rocky Mount MSA had the highest unemployment rate in September at 8.8 percent, followed by Fayetteville at 7.1 percent. Asheville reported the month’s lowest unemployment rate at 4.6 percent, which decreased 0.7 of a percentage point from the previous month. Durham/Chapel HIll followed at 4.9 percent.
In September 2014, there were 21,023 RegularUnemployment Insurance (UI) Initial Claims filed in North Carolina.
New Regular Initial Claims, totaling 18,350 for the month ending September 2014, increased 649 from the prior month. During the same period a year ago, New Claims totaled 21,151, while totaling 26,097 during September 2012.
Over the month, net industry employment increased in 12 of 14 MSAs. Durham/Chapel Hill had the largest net employment increase with 3,500, followed by Charlotte/Gastonia/Rock Hill NC-SC with 3,100. Rocky Mount experienced the greatest percentage increase at 2.5 percent. 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 13 of 14 MSAs. Charlotte/Gastonia/Rock Hill NC-SC had the largest net employment increase at 22,400, followed by Raleigh/Cary with 17,600. Raleigh/Cary had the greatest percentage increase at 3.2 percent. Rocky Mount reported a decrease of 100.
Source: North Carolina Department of Commerce Labor & Economic Analysis Division.

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