North Carolina’s January County and Area Employment Figures Released

North Carolina’s January County and Area Employment Figures Released

By / State News / الإثنين, 18 آذار/مارس 2019 03:16

RALEIGH, N.C. : March 15th, 2019 - Unemployment rates (not seasonally adjusted) increased in all 100 of North Carolina’s counties in January. Hyde County had the highest unemployment rate at 13.3 percent, while Buncombe County had the lowest at 3.4 percent. All 15 of the state’s metro areas experienced rate increases. Among the metro areas, Rocky Mount at 6.0 percent had the highest rate and Asheville had the lowest rate at 3.6 percent. The January not seasonally adjusted statewide rate was 4.5 percent.
When compared to the same month last year, not seasonally adjusted unemployment rates decreased in 67 counties, increased in 17, and remained unchanged in 16.
Nine metro areas experienced rate decreases over the year, one increased, and five remained unchanged.
The number of workers employed statewide (not seasonally adjusted) decreased in January by 13,492 to 4,767,612, while those unemployed increased 40,189 to 225,345. Since January 2018, the number of workers employed statewide increased 77,071, while those unemployed decreased 7,482.
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, March 22, 2019 when the state unemployment rate for February 2019 will be released.
For New Hanover County's workforce of 120,935, the January 2019 unemployment rate was 4.3% with 5,259 unemployed.
That's a 0.5% increase from December 2018 rate of 3.8% and a -­0.2% decrease from the January 2018 rate of 4.5%.
Specifically for the City of Wilmington, the January 2019 rate was 4.4%, an increase of 0.6% from the December 2018 rate of 3.8% and a -­0.2% decrease from the January 2018 rate of 4.6%.
New Hanover County ranked 31st for unemployment in January 2019 among the State's 100 counties.
North Carolina’s statewide unemployment rate (not seasonally adjusted) was 4.5 percent in January. This increased 0.8 of a percentage point from December’s revised rate, and increased 0.1 of a percentage point over the year.
Over the month, the unemployment rate increased in all 100 counties. Forty-one counties had unemployment rates at or below the state’s 4.5 percent rate.
Hyde County recorded January’s highest unemployment rate at 13.3 percent, followed by Tyrrell at 9.2 percent, Dare at 8.9 percent, and Scotland at 8.1 percent. Buncombe County had the lowest unemployment rate at 3.4 percent, followed by Alexander at 3.7 percent.
Unemployment rates increased in all of the state’s 15 Metropolitan Statistical Areas (MSAs) over the month. The Rocky Mount MSA had the highest unemployment rate in January at 6.0 percent, followed by Fayetteville at 5.9 percent, Jacksonville at 5.5 percent, New Bern at 4.9 percent, and Goldsboro at 4.8 percent. Asheville reported the month’s lowest unemployment rate at 3.6 percent, followed by Raleigh at 3.9 percent.
Over the month, net industry employment decreased in all of North Carolina’s 15 MSAs. Charlotte/Concord/Gastonia, NC-SC had the largest net employment decrease with 12,200, followed by Raleigh, 5,400; Durham/Chapel Hill, 3,600; and Asheville, 2,400. Burlington experienced the greatest percentage decrease at 3.2 percent, followed by Rocky Mount, 2.6 percent; Jacksonville, 1.8 percent; and New Bern, 1.6 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 increased in 12 of 15 MSAs. Charlotte/Concord/Gastonia, NC-SC had the largest net employment increase at 30,600, followed by Raleigh, 10,400; Asheville, 5,700; Winston-Salem, 5,100; Durham/Chapel Hill, 3,800;  and Hickory/Lenoir/Morganton, 3,200. Asheville had the greatest percentage increase at 3.0 percent, followed by Charlotte/ Concord/Gastonia, NC-SC, 2.6 percent; and Wilmington, 2.2 percent.
Source: North Carolina Department of Commerce.

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