South Boston News & Record
and Mecklenburg Sun
08/27/15 - 6:01 am
Charlotte, N.C. retailer with local store – and historic South Boston ties – sells to private equity firm for $3 bill
08/27/15 - 5:59 am
Main Street location acquired with the help of late anonymous patient
08/27/15 - 5:58 am
08/31/15 - 8:21 am
Halifax County High School varsity football enjoyed some positives from its season opening, 38-18 win over Patrick County.
- More A&E
Mecklenburg County jobless rate falls below 9 percent for first time in years
SoVaNow.com / January 09, 2013After two months of holding steady at 9.1 percent, Mecklenburg County’s jobless rate fell in November to 8.9 percent, a level not seen since the onset of the steep recession in the U.S. in late 2008.
The drop in Mecklenburg’s unemployment rate was consistent with the national trend of a gradually strengthening job market.
However, the latest data from the Virginia Employment Commission, released Tuesday, indicates that employment remains tepid in the region. After a one-month surge in October that saw Mecklenburg County’s civilian labor force increase by more than 130 people, the pool contracted in November by 45, again indicating that people may be dropping out of the active workforce, a sign of ongoing troubles in the job market.
The seasonally-unadjusted November numbers are the latest available from the VEC.
Nearby Brunswick, Charlotte and Lunenburg counties also saw improvement in their jobless rates in November. Unemployment in Brunswick went from 9.9 percent in October to 9.6 percent in November, Charlotte went from 7.4 percent in October to 7.2 percent in November, and Lunenburg went from 7.9 percent in October to 7.6 percent in November. This is the third straight month of declining unemployment for these three counties.
Halifax County’s unemployment rate was unchanged from October to November, remaining at 8.7 percent.
The number of people available to work compared to the number of available jobs is 2:1. According to the Virginia Employment Commission’s Labor Market Facts, for every advertised job in Mecklenburg County there are at least 2.2 unemployed individuals. In comparison, the state of Virginia has only 1.12 unemployed individuals for every advertised job.
The top three local companies in terms of the number of advertised job openings were Pizza Hut, McDonalds and Food Lion. The top five sectors in Mecklenburg County, in terms of total employment, were healthcare, retail trade, education, accommodations (hotel/motel workers) and food services.
Commentsbet is back up over 9% now that the two factories are closing.
Lets see is the Meckelenburg Pravda will report the rate now?
- By allpolitical2 on 01 / 15 / 13
News & Record