Watauga jobless rate declined in August

Story Submitted (mtfrontdesk@mountaintimes.com)

Article Published: Oct. 3, 2013 | Modified: Oct. 3, 2013
Watauga jobless rate declined in August

According to the N.C. Department of Commerce, unemployment rates (not seasonally adjusted) decreased in 98 of North Carolina’s counties in August, increased in one and remained the same in one.

All 14 of the state’s metro areas experienced rate decreases.

Watauga County’s August rate of 7.3 percent reflects a 0.6-percent decrease from July. Ashe County’s rate of 9.7 percent in August marks a 1-percent increase from the previous month, while Avery County’s August rate of 8.6 percent indicates a 0.4-percent drop from July.

Scotland County had the highest unemployment rate at 15.2 percent, while Currituck County had the lowest at 4.1 percent. Among the metro areas, Rocky Mount at 12.0 percent experienced the highest rate, and Asheville at 6.3 percent had the lowest. The August not seasonally adjusted statewide rate was 8.3 percent.

When compared to the same month last year, not seasonally adjusted unemployment rates decreased in all 100 counties. All 14 metro areas experienced rate decreases over the year.

The number of workers employed statewide (not seasonally adjusted) decreased in August by 19,577 to 4,300,113, while those unemployed decreased 44,354 to 388,448. Since August 2012, the number of workers employed statewide increased 41,105, while those unemployed decreased 69,993.

The NCDOC notes 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.

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