Jobless rate up slightly in area, state
From staff reports
Monday, January 7, 2019
The unemployment rate in Pasquotank County ticked up a hair in November, according to the latest employment report released this week by the N.C. Department of Commerce.
Pasquotank County’s unemployment rate, not seasonally adjusted, rose from 4.1 to 4.2 percent from October to November, according to Commerce’s latest monthly report. Unemployment also ticked up in Chowan over that time, from 3.9 to 4.1 percent, and in Currituck, from 3 to 3.1 percent. Unemployment didn’t change in Camden and Perquimans, remaining at 3.4 and 4.3 percent respectively.
The regional unemployment rate for The Daily Advance’s coverage area can be calculated by dividing the five counties’ combined unemployed populations by their combined labor forces; the regional unemployment rate is 3.8 percent, up 0.1 percent from October.
The state unemployment rate in November was 3.5 percent, up 0.1 percent from October, according to the report. It also shows the statewide labor force has dipped some, to below 5 million, while there are also slightly more unemployed persons.
A review of Commerce’s last two reports show the labor force in the region — again, not seasonally adjusted — has decreased slightly in every county except in Chowan, where it grew very slightly.