In a recent update on unemployment figures for November 2024, the North Carolina Department of Commerce reported that unemployment rates, not seasonally adjusted, saw an increase in 85 counties, a decrease in 12, and remained unchanged in three. Mitchell County recorded the highest unemployment rate at 8.9 percent, while Orange and Currituck Counties had the lowest rate at 2.9 percent. Fourteen out of the state’s metro areas experienced increases in unemployment rates, with Asheville having the highest rate among them at 6.1 percent, contrasting with Wilmington’s lowest at 3.0 percent. The statewide unemployment rate, not seasonally adjusted, stood at 3.7 percent.
In comparison to the previous year, November’s data indicated that unemployment rates increased in 79 counties, decreased in eight, and remained unchanged in 13. Twelve metro areas saw an increase in unemployment rates over the year, while two experienced a decrease, and one remained unchanged. The report highlighted a decrease in the number of employed individuals statewide by 30,435, bringing the total to 5,046,880. Concurrently, the number of unemployed increased by 3,967, reaching 193,883. Over the past year, the number of employed workers decreased by 21,571, while the unemployed population grew by 17,420. The report emphasized that due to significant seasonal employment patterns, year-over-year changes in not seasonally adjusted estimates should be the focus. The next unemployment update is scheduled for January 28, 2025, when December 2024’s statewide unemployment rate will be announced.
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