Rowan County’s unemployment rate goes up
Unemployment rates increased in all 100 of North Carolina’s counties in January.
Rowan County’s rate was 5.8 percent, up from 5.3 percent in December but less than the 5.9 percent reported in January 2016.
Hyde County had the highest unemployment rate at 16.3 percent, while Buncombe County had the lowest at 4.3 percent.
All 15 of the state’s metro areas saw rate increases. Among the metro areas, Rocky Mount at 7.9 percent had the highest rate and Asheville had the lowest rate at 4.6 percent.
The statewide rate for January was 5.5 percent.
Cabarrus County’s rate went up to 4.9 percent from December’s 4.4 percent. The rate in January 2016 was 5 percent.
Cabarrus County is 12th in the state for unemployment while Rowan is 48th. Davie County’s rate is even better, at 10th. Davidson is 32nd; Iredell, 29th; and Stanly, 18th.
The rates are not seasonally adjusted.
The N.C. Department of Commerce estimates Rowan’s labor force at 66,199, compared to Cabarrus’ at 102,656.
In surrounding counties:
• Davidson: 5.3 percent in January, up from 4.7 percent in December; January 2016 was 5.4 percent.
• Davie: 4.9 percent in January; 4.3 percent in December; and 5 percent in January 2016.
• Iredell: 5.3 percent in January; 4.7 in December; 5.4 percent in January 2016.
• Stanly: 5.1 percent in January; 4.6 percent in December; and 5.3 percent in January 2016.
When compared to the same month last year, unemployment rates decreased in 89 counties, increased in five, and remained unchanged in six. Thirteen metro areas experienced rate decreases over the year and two remained unchanged.