Jobless rates increase

Published 5:30 pm Wednesday, August 3, 2016

Beaufort County’s unemployment rate increased from 5.3 percent May to 5.8 percent in June, according to information compiled by the Labor & Economics Analysis Division of the N.C. Department of Commerce.

North Carolina’s unemployment rate also increased from May to June, rising from 4.7 percent to 5.2 percent, according to LEAD figures. From May to June, jobless rates increased in 96 of the state’s 100 counties, with four counties experiencing decreases in their unemployment rates. Hyde County is one of those four counties.

“Sometimes monthly economic statistics paint a confusing picture. North Carolina saw more jobs created in June than all but two of the last 118 months. However, fewer people were than the month prior for the first time since October 2010. This serves as a reminder that the monthly jobs and unemployment figures are estimates and are prone to revisions. When assessing the economy, it’s best to look at longer-term trends. These trends continue to signal steady growth for North Carolina,” according to department spokeswoman Kim Genardo.

In June, Beaufort County’s workforce totaled 20,174 people, with 19,007 people bringing home paychecks, with 1,167 people unable to secure employment. In May, Beaufort County’s workforce was at 20,142 people. Of that number, 1,074 people were not employed, according to LEAD data, and 19,068 people were taking home paychecks.

Beaufort County’s unemployment rate (factoring in the number of reported jobless people) for June ranked 71st in the state, according to LEAD analysts. In May, the county’s jobless rate ranked 69th in the state.

Among the state’s 100 counties in June, 34 of them had unemployment rates of 5 percent or lower, 66 counties had jobless rates between 5 percent and 10 percent and no counties had jobless rates of 10 percent or higher. Scotland County had the highest unemployment rate in June at 9.2 percent, with Buncombe County having the lowest jobless rate in June at 3.9 percent, according to LEAD figures.

Hyde County’s jobless rate fell from 7.4 percent in May to 7 percent in June. In June 2015, its unemployment rate was at 7.2 percent.

From May to June Martin County’s unemployment rate rose from 6.2 percent to 7.1 percent. In May 2015, its jobless rate was at 8.4 percent.

Pitt County’s jobless rate was at 5.9 percent in June, up from 5.4 percent in the previous month. In May 2015, its unemployment rate was at 6.8 percent.

Washington County’s unemployment rate increased from 7 percent in May to 7.2 percent in June. In May 2015, the county’s jobless rate was at 8.8 percent.

The Washington statistical area’s jobless rate in June was 5.8 percent, up from 5.3 percent in the previous month. The Greenville-Washington combined statistical area’s jobless rate increased from 5.4 percent in May to 5.9 percent in June.

Of the state’s 15 metropolitan statistical areas, five of the six MSAs east of Interstate 95 and the Fayetteville MSA had the highest unemployment rates in June, all above or at the state rate of 5.2 percent, according to LEAD figures. The Wilmington MSA’s jobless rate for June was 4.9 percent.

The jobless figures released by the Commerce Department do not include unemployed people whose unemployment insurance benefits expired and who are not listed as unemployed. Factor in those people and a county’s true jobless rate is higher

 

BACKGROUND

Beaufort County’s unemployment rate declined from April to May, falling from 5.9 percent to 5.3 percent, according to information compiled by the Labor & Economics Analysis Division of the N.C. Department of Commerce.

The county was among 98 of the state’s 100 counties that saw their unemployment rates fall from April to May. Unemployment rates did not change in the other two counties during that period.

The state’s unemployment rate fell from 5 percent in April to 4.7 percent in May. In May 2016, the state’s jobless rate was at 6 percent, according to LEAD figures.

Among the state’s 100 counties in May, 55 of them had unemployment rates of 5 percent or lower, 45 counties had jobless rates between 5 percent and 10 percent and no counties had jobless rates of 10 percent or higher. Scotland County had the highest unemployment rate in May at 8.6 percent, with Buncombe County having the lowest jobless rate in May at 3.5 percent, according to LEAD figures.

“North Carolina’s economy continued its steady expansion through May. The state’s preliminary unemployment estimate reached a rate unseen since February 2008. An increase in housing permits and a drop in unemployment insurance claims suggest that the economy isn’t about to sharply turn south in the short-term. However, the decline in job postings and reduction in manufacturing hours could foreshadow slower growth due in part to uncertainties, political and economic, at home and abroad — something worth watching,” according a department spokesman.

An increase in seasonal summer employment is a major factor in jobless rates across the state falling, according to state workforce officials. A substantial number of the seasonal jobs can be found in the state’s coastal areas, especially tourist beaches such as the Outer Banks, Emerald Isle, Topsail Beach and Wrightsville Beach, according to those officials.

In May, Beaufort County’s workforce was at 20,142 people. Of that number, 1,074 people were not employed, according to LEAD data, and 19,068 people were taking home paychecks. Beaufort County’s workforce for April was at 20,240 people, with 19,046 of those people on the job, leaving 1,194 without work, according to LEAD data.

Beaufort County’s unemployment rate (factoring in the number of reported jobless people) for May ranked 69th in the state. Its April jobless rate ranked 70th in the state, according to LEAD figures.

Hyde County’s jobless rate fell from 9.3 percent in April to 7.5 percent in May. In May 2015, its unemployment rate was at 8 percent.

From April to May, Martin County’s unemployment rate dropped from 6.7 percent to 6.2 percent. In May 2015, its jobless rate was at 7.8 percent.

Pitt County’s jobless rate was at 5.4 percent in May, unchanged from the previous month. In May 2015, its unemployment rate was at 6.6 percent.

Washington County’s unemployment rate declined from 7.5 percent in April to 7 percent in May. In May 2015, the county’s jobless rate was at 8.9 percent.

About Mike Voss

Mike Voss is the contributing editor at the Washington Daily News. He has a daughter and four grandchildren. Except for nearly six years he worked at the Free Lance-Star in Fredericksburg, Va., in the early to mid-1990s, he has been at the Daily News since April 1986.
Journalism awards:
• Pulitzer Prize for Meritorious Public Service, 1990.
• Society of Professional Journalists: Sigma Delta Chi Award, Bronze Medallion.
• Associated Press Managing Editors’ Public Service Award.
• Investigative Reporters & Editors’ Award.
• North Carolina Press Association, First Place, Public Service Award, 1989.
• North Carolina Press Association, Second Place, Investigative Reporting, 1990.
All those were for the articles he and Betty Gray wrote about the city’s contaminated water system in 1989-1990.
• North Carolina Press Association, First Place, Investigative Reporting, 1991.
• North Carolina Press Association, Third Place, General News Reporting, 2005.
• North Carolina Press Association, Second Place, Lighter Columns, 2006.
Recently learned he will receive another award.
• North Carolina Press Association, First Place, Lighter Columns, 2010.
4. Lectured at or served on seminar panels at journalism schools at UNC-Chapel Hill, University of Maryland, Columbia University, Mary Washington University and Francis Marion University.

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