Buncombe County has lowest unemployment rate in the state

Press release from the North Carolina Department of Commerce: 

Unemployment rates (not seasonally adjusted) increased in 95 of North Carolina’s counties in May, decreased in three, and remained unchanged in two. Hyde County had the highest unemployment rate at 6.8 percent, while Buncombe County had the lowest at 3.1 percent. All 15 of the state’s metro areas experienced rate increases. Among the metro areas, Rocky Mount at 5.5 percent had the highest rate and Asheville had the lowest rate at 3.3 percent. The May not seasonally adjusted statewide rate was 4.0 percent.

When compared to the same month last year, not seasonally adjusted unemployment rates increased in 94 counties, decreased in four, and remained unchanged in two. Fourteen metro areas experienced rate increases over the year and one decreased.

The number of workers employed statewide (not seasonally adjusted) increased in May by 30,301 to 4,916,851, while those unemployed increased 25,786 to 205,783. Since May 2018, the number of workers employed statewide increased 95,684, while those unemployed increased 22,725.

It is important to note that employment estimates are subject to large seasonal patterns; therefore, it is advisable to focus on over-the-year changes in the not seasonally adjusted estimates.

The next unemployment update is scheduled for Friday, July 19, 2019 when the state unemployment rate for June 2019 will be release.

 

SHARE
About Community Bulletin
Mountain Xpress posts selected news and information of local interest as a public service for our readers. To submit press releases and other community material for possible publication, email news@mountainx.com.

Before you comment

The comments section is here to provide a platform for civil dialogue on the issues we face together as a local community. Xpress is committed to offering this platform for all voices, but when the tone of the discussion gets nasty or strays off topic, we believe many people choose not to participate. Xpress editors are determined to moderate comments to ensure a constructive interchange is maintained. All comments judged not to be in keeping with the spirit of civil discourse will be removed and repeat violators will be banned. See here for our terms of service. Thank you for being part of this effort to promote respectful discussion.

One thought on “Buncombe County has lowest unemployment rate in the state

  1. Enlightened Enigma

    wow, and yet we still see so many walking around without jobs, begging.

Leave a Reply to Enlightened Enigma ×

To leave a reply you may Login with your Mountain Xpress account, connect socially or enter your name and e-mail. Your e-mail address will not be published. All fields are required.