Job market jumps up in June

Jul. 30, 2014 @ 04:39 PM

The job market appears to have improved at the start of the summer, with area unemployment rates falling from the same period a year ago. 

“Employers are filling positions steadily. We’re getting really good job orders,” said Ikel Williams, manager of the High Point office for the N.C. Division of Employment Security.
Even construction, the industry sector most hammered by the Great Recession, has picked up, Williams said.
The city of High Point unemployment rate remain unchanged at 7.4 percent in June compared to May, according to figures released Wednesday by the Division of Employment Security. But the jobless rate is down noticeably from the 9 percent level in June of last year.
Other counties reflect the improvement:
• Guilford County’s rate edged down from 7.1 percent in May to 7 percent last month, but is down from 9.1 percent last June.
• Davidson County’s rate ticked down from 6.9 percent in May to 6.7 percent in June, but declined from 8.9 percent in June 2013.
• Randolph County’s rate slipped from 6 percent in May to 5.8 percent last month, but is down from 8.6 percent last June.
Statewide, jobless rates decreased from May to June in 81 to 100 counties, according to the Division of Employment Security. Over a year period, jobless rates fell in all 100 counties from this June to last June.
Still, the impact of the Great Recession lingers, said John Quinterno, a principal with South by North Strategies, a Chapel Hill-based economics research firm.
“Although many local labor markets currently have some of the lowest unemployment rates since late 2007, unemployment remains a serious problem,” he said. “In fact, 61 counties and nine metro areas have unemployment rates greater than those posted in June 2008.” | 888-3528