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Ncesc

December 12, 2010 by staff 

Ncesc, The unemployment rate fell in October in 66 counties in North Carolina and was unchanged at 16. Burke County was not one of the lucky ones. The local unemployment rate rose 0.1 percent from September to December percent in October – the sixth highest rate among all counties. Nearly 4,500 residents of Burke County were unemployed and seeking work, according to the NC Commission of job security. Less than 33,000 inhabitants (the fewest since February) had a job here or elsewhere. In addition, the local workforce has fallen to a historic low – less than 37,500 in the labor pool.

Although the unemployment rate fell to 9.1 statewide percent in October, a third of the county rate CN “unemployed remained above 10 percent. Burke County was among the few to 12 percent or more. Unemployment neighboring Rutherford County was 13.2 percent and the Caldwell County was 12.3 percent.

Since October 2009, the net increase in the number of residents of Burke County with amounts of less than 90 jobs. During the year, there was a net loss of 800 into the labor force (the pool of people employed or available for work) that residents have exhausted their unemployment benefits and file roller NC ESC, aged retired, left the county of Burke, or simply stopped looking for work.

Burke County workforce has fallen 11 percent since peaking in mid-2006, almost 18 months before the national recession officially began, and there are fewer than 6,600 people with jobs of today.

Over the past decade, there was only one year (2006) when Burke County saw a net gain of jobs from one year to another. At current rates, with two months to go, the county will end 2010 with no more people employed than there were in 2009.

“We continue to meet the economic challenges with respect to employment growth,” noted NC ESC Chairman Lynn R. Holmes.

The Plan Committee on Employment of North Carolina shows pockets of lower unemployment centered on Asheville, Fayetteville and on triangle in the Raleigh-Durham-Chapel Hill, and in some coastal areas. Far north of Currituck County had the state rate of unemployment the lowest in October – 4.9 per cent?

The Hickory-Lenoir-Morganton metropolitan statistical area, which includes counties in these three cities over Alexander County has the second highest unemployment rate in October (11.7 percent) among the metropolitan areas of NC 14. However, the size of the size of the MSA dropped to less than 162,000 and the number of employed persons decreased by around 400.

NC ESC said job losses in the metropolitan area were dispersed by the manufacturing, financial services and leisure and hospitality. Partially offsetting these losses were more jobs in trade, transportation, utilities, government and professional services and business.

Further details in the monthly report of the Commission on the labor market can be found at its website, www.ncesc.com.

Report to Team

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