RANDOLPH COUNTY — The unemployment rate in Randolph County stands at 5.5% in February, down from 5.9% in January, according to information released by the N.C. Department of Commerce.
The rate increased 2.2% from a year ago. Unemployment rates statewide decreased in 96 of the state’s 100 counties in February, according to the report. All of the state’s 15 metro areas experienced rate decreases.
The unemployment rate measures the percentage of employable people in the workforce who are over the age of 16 and who have either lost their jobs or have unsuccessfully sought jobs in the last month and are still actively seeking work.
In the surrounding area, Davidson County’s rate fell to 5.4% in February, down from 5.8% in January. Rates in other surrounding counties were 6.5% in Guilford; 5.7% in Forsyth; 5.9% in Rowan; and 5.3% in Montgomery.
The February rate for Randolph ranks as the 48th lowest in the state, leaving the county — which is part of the Greensboro-High Point Metropolitan Statistical Area — among one of the state’s middling Tier 2 counties in the midst of recovery. The number of unemployed in Randolph County stands at 3,567 people. Randolph’s labor force now stands at 64,297.
North Carolina’s statewide, non-seasonally adjusted unemployment rate was 5.6% in February, which is down from 6% in January, but still an increase of 2.2% over the year. The national unemployment rate remains at 6.2%, according to the U.S. Bureau of Labor Statistics.
Since the start of the pandemic, more than $10 billion in unemployment benefits has been disbursed to North Carolinians through multiple state and federal benefit programs. Randolph’s rate is one of several throughout the state that spiked at double-figures before receding to a level markedly higher than the year prior. The recovery remains an ongoing work in progress, but the markers would seem to indicate that the economic upswing should be continuous.
Staff writer Daniel Kennedy can be reached at 336-888-3578, or at email@example.com.