Special to Iredell Free News
RALEIGH — Unemployment rates (not seasonally adjusted) decreased in 92 of North Carolina’s counties in November, increased in four, and remained the same in four. Statewide the unemployment rate was 3.4 percent, down slightly from October.
In Iredell County, the unemployment rate dipped slightly from 3.4 percent in October to 3.3 percent in November.
The county has a labor force of 90,997 people. Some 2,969 individuals are unemployed.
Hyde County had the state’s highest unemployment rate at 9.8 percent, while Buncombe County had the lowest at 2.5 percent. All of the state’s 15 metro areas experienced rate decreases. Among the metro areas, Rocky Mount and Fayetteville at 4.6 percent had the highest rate and Asheville had the lowest rate at 2.6 percent.
N.C. Unemployment Data
When compared to the same month last year, not seasonally adjusted unemployment rates increased in 11 counties, decreased in 76, and remained the same in 13. All of the state’s 15 metro areas experienced rate decreases.
The number of workers employed statewide (not seasonally adjusted) decreased in November by 32,434 to 4,935,767, while those unemployed decreased by 11,654 to 173,571. Since November 2018, the number of workers employed statewide increased 124,001, while those unemployed decreased 6,679.
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.