Jobless rates decline in October
People seeking a paycheck as their personal gift for the holidays may have better prospects, as jobless rates across the area declined in October.
Unemployment rates fell from September to October in the city of High Point and the counties of Davidson, Guilford and Randolph, according to figures released Tuesday by the N.C. Division of Employment Security.
The city of High Point’s jobless rate ticked down from 9.4 percent in September to 9.1 percent in October.
The October jobless rate was the second-lowest monthly level in the city since the Great Recession began four years ago, according to Division of Employment Security Commission figures. During the Great Recession, the city’s jobless rate topped out at a modern-day high of 12 percent during two consecutive months in the summer of 2010.
The city’s jobless rate last month is down noticeably from a year ago, when the rate was 11.2 percent in October 2011. Over the year, there are 1,660 more people employed in High Point, according to the state job service agency.
The October employment figures don’t reflect seasonal hiring for the holidays taking place now, which has been better than last Christmas season, said Ikel Williams, manager of the High Point office for the Division of Employment Security.
“I’m expecting it to continue at this trend,” Williams told The High Point Enterprise.
The High Point office also continues to fill permanent positions during the holiday season as well as temporary jobs for Christmastime, he said.
Statewide, unemployment rates decreased in 76 of 100 counties, increased in 16 and remained the same in eight. But compared to October last year, unemployment rates dropped in 98 counties, according to the state job service agency. Between October last year and this October, the number of unemployed North Carolinians decreased by 64,511, while the number of people with jobs increased by 142,497.
Area jobless rates
Statewide: 8.8 percent in October, down from 9 percent in September
Davidson County: 9.4 percent in October, down from 9.6 percent in September
Forsyth County: 8.2 percent in October, down from 8.7 percent in September
Guilford County: 9.1 percent in October, down from 9.3 percent in September
Randolph County: 8.4 percent in October, down from 8.5 percent in September