DAVIDSON COUNTY — The unemployment rate in Davidson County stood at 4.2% in May, unchanged from April, according to information released by the N.C. Department of Commerce.
The rate decreased 12.9% from a year ago, when the nation was close to the height of the economic fallout from the COVID-19 pandemic. Unemployment rates statewide increased in 77 of the state’s 100 counties in April, according to the report. All of the state’s 15 metro areas experienced rate decreases over the year.
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, Randolph County’s rate increased to 4.5% in May, up from 4.2% in April. Rates in other surrounding counties were 5.2% in Guilford; 4.5% in Forsyth; 4.6% in Rowan; and 4.3% in Montgomery.
The May rate ranks as the 40th lowest in the state, leaving Davidson County — which is part of the Winston-Salem Metropolitan Statistical Area — among mid level Tier 2 counties. The number of unemployed in Davidson County stands at 3,356 people. Davidson’s labor force now stands at 79,166.
North Carolina’s statewide, non-seasonally adjusted unemployment rate was 4.5% in May, which is up from 4.4% in April. It was a decrease of 9.2% over the year. The national unemployment rate in April remained at 5.5%, according to the U.S. Bureau of Labor Statistics.
Staff writer Daniel Kennedy can be reached at 336-888-3578, or at firstname.lastname@example.org.