Special to Iredell Free News
RALEIGH — Iredell County’s unemployment rate dipped slightly in November to 3.5 percent.
The county has a workforce of 93,836 individuals. According to the N.C. Department of Commerce, 3,281 people were unemployed in Iredell in November.
The county’s unemployment rate declined from 3.7 percent in October.
Unemployment rates (not seasonally adjusted) decreased in 92 of North Carolina’s counties in November, increased in four, and remained unchanged in four. Edgecombe County had the highest unemployment rate at 7.3 percent while Buncombe and Orange Counties each had the lowest at 3 percent. All 15 of the state’s metro areas experienced rate decreases. Among the metro areas, Rocky Mount had the highest rate at 5.9 percent while Asheville had the lowest at 3.1 percent. The November not seasonally adjusted statewide rate was 3.8 percent.
When compared to the same month last year, not seasonally adjusted unemployment rates increased in 66 counties, decreased in 20 counties, and remained unchanged in 14. Eleven of the state’s metro areas experienced rate increases over the year, three decreased, and one remained unchanged.
The number of workers employed statewide (not seasonally adjusted) decreased in November by 26,268 to 4,922,940, while those unemployed decreased by 9,287 to 193,189. Since November 2021, the number of workers employed statewide increased 100,977, while those unemployed increased 6,359.
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.