Local Labor Markets in February
Labor market conditions across North Carolina have changed little in 2010, according to preliminary data released today by the Employment Security Commission. In February, 87 counties posted double-digit unemployment rates, and 58 counties recorded unemployment rates of at least 12 percent. Local labor forces also contracted in 40 counties.
Every part of the state experienced weak labor markets in February. Unemployment rates exceeded 10 percent in 87 counties, and in 58 counties, at least 12 percent of the labor force was jobless and actively seeking work. County unemployment rates ranged from 6.9 percent in Orange County to 19.4 percent in Graham County.
Unemployment also rose last month in 6 of the state’s metropolitan areas. Nine metros posted double-digit unemployment rates. The Hickory-Morganton-Lenoir area had the highest unemployment rate (15.8 percent) followed by Rocky Mount (14.7 percent). The lowest metro unemployment rate was 8.4 percent in Durham-Chapel Hill.
Click here for South by North Strategies’ full analysis of the February local employment report.