Jobless rates inch upward in October
by Pam Haynes
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TRIAD – Double digit unemployment rates remained stable in the Triad from September to October with slight increases.

While the state’s unemployment rate rose to 11 percent, jobless rates increased by fractions in Guilford, Davidson and Randolph counties, the N.C. Employment Security Commission reports.

Guilford County’s unemployment rate increased by one-tenth from September to 11.2 percent in October. Davidson County rose from 12.5 percent to 13.1 percent, and Randolph County rose from 11 to 11.3 percent, reflecting further losses of manufacturing facilities.

The city of High Point’s unemployment rates remained untouched at 11 percent from September to October. It remains above last year’s unemployment rate, which was 7.2 percent at this time.

Unemployment rates increased in 74 of North Carolina’s 100 counties in October. Since this time last year, unemployment has increased by 174,184 people, the ESC reports.

Overall, unemployment rates in the state have suffered slight increases each month, said Larry Parker, public information officer for the ESC.

“When you look at Guilford County and at a lot of counties throughout the state, what we’re seeing is consistency in the past five or six months,” he said. “Both the number of people employed and the number of people unemployed went up. That happens sometimes with holiday and seasonal employment.”

Robert Ware, manager of the Asheboro Division of the ESC, said stabilization is a good sign in current economic conditions.

“It’s a positive sign that the increase is not as significant as it has been earlier in the year,” he said. “We do have to be cautious that we may see some increases in the next few months as part of a normal, seasonal increase that occurs each year.”

phaynes@hpe.com | 888-3617
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