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Sep 03, 2010 |
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Jobless rate holds steady
North Carolina's unemployment rate stayed steady in July
despite additional job losses.
The North Carolina Employment Security Commission reported an unemployment rate of 11 percent for last month, statistically equal with June's rate. While job losses appear to be tapering off, the unemployment rate is still nearly double what it was a year ago, when it was 6.3 percent. However, it is the first month since then in which the unemployment rate didn't increase. According to data from the N.C. Employment Security Commission, the work force decreased by about 13,000 jobs last month, while the unemployment ranks decreased by 4,853 people. Over the course of the past year, more than 209,000 more people have become unemployed. County unemployment rates will be released on Aug. 28. Last month, Watauga County was one of 56 counties that saw increases in the unemployment rate. Watauga's rate in June was 8.1 percent in data that wasn't seasonally adjusted. For more in-depth coverage, see the latest print edition of the Watauga Democrat, available at hundreds of locations across the High Country. To subscribe to the Watauga Democrat for less than 15 cents per day, click here (https://ssl.jonesmedia.biz/circ/index.php?db=watauga). |
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