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Unemployment Rates Increase Across Hickory Metro, State

Unemployment rates have increased across the Hickory Metro Area and across most of North Carolina. This is according to the latest update released this week by the North Carolina Department of Commerce Labor & Economic Analysis Division. The report shows the August unemployment rates.

Catawba County’s jobless rate is at 3.6 percent, up from 3.4 in July. Alexander County shows an unemployment rate of 3.3 percent, an increase from 3.1 percent in the last report. Burke County’s jobless rate rose to 3.6 percent, from 3.4 in July. Caldwell County also has an unemployment rate of 3.6 percent, a slight increase from 3.5 in the last update.

The unemployment rate for the Hickory-Lenoir-Morganton Metropolitan Statistical Area or MSA is 3.6 percent, which is an increase from 3.4 percent in the July report. Hickory-Lenoir-Morganton is tied with Charlotte-Concord-Gastonia with the fifth lowest unemployment rate among 15 MSAs in the state.

North Carolina’s unemployment rate is 3.9 percent, up from 3.7 percent in July. Jobless rates increased in 98 of the state’s 100 counties and remained unchanged in two. Edgecombe County had the highest unemployment rate at 7.9 percent while Buncombe, Chatham, and Swain Counties were all tied with the lowest rate at 3.1 percent. When compared to the same month last year, not seasonally adjusted unemployment rates decreased in all 100 counties and all 15 metro areas.