Downward trend in local jobless rate continues

By on April 27, 2012

After peaking at over 20 percent in January, unemployment in Dare County fell by almost 4 percentage points in March.

According to figures released Friday by the North Carolina Department of Commerce Division of Employment Security, Dare County unemployment was at 15.3 percent in the third month of 2012.

That reflects a 3.8-percent fall from February, when the jobless rate was 19.1 percent.

Unemployment in Dare County was also 1 percentage point below the rate in March 2011, which was 16.3.

Dare had the fourth highest jobless rate in North Carolina, behind only Graham at 18.5, Scotland at 16.8 and Swain at 16.7.

The numbers from the state are not seasonally adjusted, which takes out factors like the the time of year when many tourist-based businesses on the Outer Banks are closed.

In Currituck County, unemployment in March went below double-digits for the first time since December to 8.5 percent, a decrease of 2.1 percentage points from February’s 10.6 percent.

In March 2011, Currituck’s jobless rate was 8.4 percent.

Hyde County had also reflected the downward trend in March dropping to 13.6 percent, down 2.7 percent from the previous month of 16.3, but still 0.9 percent ahead of March 2011.

Hyde’s rate is the eighth highest rate in North Carolina for March.

Gates County, at 7.2, had the second lowest unemployment rate in the state for a second straight month.

According to a news release, unemployment rates fell in 98 of North Carolina’s 100 counties in March and increased in the remaining two counties.

North Carolina had 35 counties that were at or below the state’s seasonally unadjusted unemployment rate of 9.6 percent.

Unemployment rates declined in 85 counties, increased in 14 and remained the same in one when compared to the same month last year.

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Comments

Prince of Peeps

May 2, 2012 2:59 am

Allen, I don’t know what I said to warrant your “Dream on” and your diatribe about seasonal employment on the Outer Banks. All I did was to note that the lower unemployment figures were not seasonally adjusted, so don’t take them as a positive sign. The lower numbers are purposely presented in a deceptive manner, I believe, to give a false impression of good news. If they were seasonally adjusted, they would be up, a more accurate picture of the real world.

Our national economy is not stalled because we are broke. There is plenty of wealth in this country. It is stalled because people are afraid to spend their money due to anti-business government policy and the threat of higher taxes. Businesses aren’t investing and consumers aren’t buying. A more people friendly, business friendly government would reinvigorate confidence and get the ball rolling again. Obama’s wealth redistribution will grind America to dust. What better way to ruin the economy, incite chaos, and usher in a socialist government to take control. A lot of people see that. Question is, will enough people wake up in time to put a stop to it?

Allan

April 29, 2012 2:42 pm

Dream on, Peeps–what is there in Dare County that is not seasonal? Boat-building and government jobs. We have no manufacturing, no software developing companies, no financial institutions beyond a slew of branch banks, nothing to create year-round employment with good wages and benefits. Doesn’t matter whether conservatives or liberals are in charge–that’s the lay of the land here, until it sinks beneath the rising ocean. It’s a TOURIST economy, and unless you’re Yellowstone, that means seasonal.

eno pt

April 29, 2012 11:20 am

Marketable skills don’t help if there aren’t any jobs. Also, people are already on unemployment so no new cases may be opened. A major marker for calculating unemployment rates.

bbc

April 28, 2012 10:21 pm

we also need to see more people with marketable skills

Prince of Peeps

April 28, 2012 2:59 pm

The key sentence in this article is that the numbers are NOT seasonally adjusted. Spring and summer always have lower unemployment rates, so though more people are happy to have a job, I’m sure, this in no indication that the economy is improving. We need to get the liberal politicians out of office, and get more business oriented people in charge before we see a turn around that will permanently lower unemployment rates.

ekim

April 28, 2012 10:49 am

Maybe its because its summer and everyone is hiring?

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