Tri-County remains stable in March rates

Apr. 29, 2014 @ 08:03 PM

Unemployment numbers for the Tri-County remained stable with little change in March.

The N.C. Department of Commerce’s Labor and Economic Analysis Division released non-seasonally adjusted county rates on Tuesday. Vance County has an unemployment rate of 9.1 percent, Granville County 6.9 percent and Warren County 8.8 percent.

North Carolina’s 6.3 percentage rate of unemployment is tied for 28th best in the country, behind neighbors Virginia (5.0 percent, 14th) and South Carolina (5.5 percent, 17th). Nearby Maryland is 19th at 5.5 percent, West Virginia is 25th at 6.1 percent, Alabama is 33rd at 6.7 percent, Tennessee is 33rd at 6.7 percent and Georgia is 39th at 7.0 percent.

North Carolina was at an all-time high of 11.3 percent unemployed in February of 2010.

The national rate remains 6.7 percent.

Among the 100 counties in the state, Granville ranks 43rd, Warren 79th and Vance 89th.

Vance County is below double figures in unemployment percentage for the fifth consecutive month. Vance was in double figures unemployment percentage for 60 consecutive months, including at 11.7 percent or higher for 56 straight months, prior to dropping to 9.6 percent in November.

Vance County counts 18,641 in the labor force and 1,731 unemployed. The labor force is 403 less than the same month a year ago and the number of unemployed is 493 fewer. The rate is 2.6 percentage points better.

Five years ago, 19,392 were in the labor force and 1,433 unemployed — a loss of 751 in labor force and an increase of 298 unemployed. The unemployment rate in March 2009 was 14.0 percent.