The Transylvania Times -

County's Jobless Rate Falls Slightly in August

 

October 2, 2017



Transylvania County’s jobless rate in August was 4.2 percent, down from 4.3 percent the previous month, according to preliminary figures released last week from the state Department of Commerce.

The local jobless numbers only take into account those who qualify for unemployment benefits and have not been seasonally adjusted.

The statewide rate in August was 4.5 percent, the same percent as the previous month.

Transylvania’s jobless rate in August of 2016 was 5 percent. Jobless rates increased in 26 of the state’s 100 counties in August, decreased in 25 and remained the same in 49.

Buncombe County’s jobless rate in August was 3.4 percent, the lowest in the state, while Haywood’s was 4 percent.

Jackson was at 4.6 percent, and Henderson stood at 3.9 percent.

Transylvania had the 29th lowest jobless rate in the state.

At 7.7 percent, Scotland County was the highest in the state.

Among the metro areas, Rocky Mount had the highest at 6.6 percent. Asheville had the lowest at 3.7 percent.

The Transylvania Economic Alliance has identified, based on similar population sizes, Ashe, Bladen, Cherokee, Dare, Macon and Montgomery counties as peer counties in the state to measure and compare to how Transylvania is performing.

In August, Ashe’s jobless rate was 4 percent; Bladen was 5.8 percent; Cherokee was 4.9 percent; Dare was 3.8 percent; Macon was 4.4 percent; and Montgomery was 4.5 percent.

 
 

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