The Transylvania Times -

County Jobless Rate Drops Below 4%

 

November 6, 2017



Transylvania County’s jobless rate in September was 3.8 percent, down from 4.2 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 September was 4 percent, down from 4.5 percent in August.

Transylvania’s jobless rate in September of 2016 was 4.7 percent. Jobless rates decreased in 99 of the state’s 100 counties in September and remained unchanged in one.

Buncombe County’s jobless rate in September was 3.1 percent, the lowest in the state, while Haywood’s was 3.6 percent.

Jackson was at 3.8 percent, and Henderson stood at 3.5 percent.

At 6.9 percent, Scotland County was the highest in the state.

Among the metro areas, Rocky Mount had the highest at 5.8 percent. Asheville had the lowest at 3.3 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 September, Ashe’s jobless rate was 3.5 percent; Bladen was 5.3 percent; Cherokee was 4.9 percent; Dare was 4.5 percent; Macon was 3.8 percent; and Montgomery was 4.1 percent.

When compared to the same month last year, not seasonally adjusted unemployment rates decreased in all 100 counties.

The number of workers employed statewide in September increased by 83,815 to 4,769,398, while those unemployed during that time decreased by 20,778 to 197,787.

 
 

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