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.

Print Friendly

Bookmark and Share

Join the discussion

Your email address will not be published. Required fields are marked *