Rowan unemployment down slightly
Unemployment rates decreased in the majority of North Carolina’s counties in October. Rates decreased in 83 counties, increased in 12 and remained the same in five.
Rowan County’s unemployment rate for October of 10.7 percent is a slight drop from September’s rate of 11.1 percent. The October 2010 rate was 11.3 percent.
In Cabarrus County, the rate is 9.5 percent for October 2011, compared to 9.7 percent in September and 9.9 percent in October 2010.
Other counties in the area:
Davidson — October rate, 10.8 percent; 10.9 percent in September; 10.9 percent in October 2010.
Davie — October rate, 10.5 percent; September, 9.5 percent; October 2010, 9.2 percent.
Iredell — October rate, 10.1 percent; September, 10.7 percent; October 2010, 10.8 percent.
Stanly — October rate 10.4 percent; September, 10.9 percent; October 2010, 10.9 percent.
Currituck County had the state’s lowest unemployment rate in October, at 5.4 percent. Meanwhile, Scotland County had the highest unemployment rate, at 16.6 percent.
North Carolina’s statewide unemployment rate (not seasonally adjusted) was 9.7 percent in October. This was a .3 of a percentage point decrease from September’s revised rate of 10 percent and a .3 percentage-point increase over the year.
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