Unemployment Rates Continue to Fall Across Area

Unemployment rates fell across Western North Carolina according to recent figures released by the Commerce Department. In Yancey County the unemployment rate dropped from 8.4 to 7.8 percent from January to February, in Mitchell it fell from 9.5 to 8.9 percent and in Avery the rate declined from 8.3 to 8.0 percent. Madison County saw its rate drop to 5.5 from 5.9 percent in January while McDowell’s unemployment rate fell to 7.5 from 7.9 percent.
North Carolina’s jobless rate dropped to 6.4 percent in February, the lowest since mid-2008. It’s also the first time in eight years the state has posted a lower unemployment rate than the national average, which was 6.7 percent last month.
February’s drop continues a trend in which the state’s unemployment picture is making dramatic gains while other economic measures lag.
North Carolina’s unemployment rate dropped from 6.7 percent in January and from 8.6 percent in February 2013.

A   A   A