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Unemployment Rates Increase In Two Hickory Metro Counties

Unemployment Rates Increase In Two Hickory Metro Counties

Unemployment rates increased in two Hickory Metro Counties, decreased in one, and remained unchanged in another, according to the latest update. The Unemployment numbers were released Wednesday (June 30) by the North Carolina Department of Commerce Labor & Economic Analysis Division. The figures represent the May unemployment rates.

Catawba County’s unemployment rate is 4.3 percent, unchanged from April’s report. Alexander County’s jobless rate fell to 3.9 percent, down from 4.2 in the last update. Burke County saw it’s unemployment rate rise to 4.2 percent, from 4 percent even in April. Caldwell County’s jobless rate increased to 4.6 percent from 4.5.

The unemployment rate for the Hickory-Lenoir-Morganton Metropolitan Statistical Area or MSA is 4.3 percent, the same figure reported in April. Hickory-Lenoir-Morganton is tied for the fifth lowest unemployment rate among 15 MSAs in the state.

The statewide unemployment rate is 4.5 percent, up from 4.4 in the last update. Unemployment rates increased in 77 of North Carolina’s 100 Counties in May, decreased in eight, and remained unchanged in 15. Scotland County has the state’s highest unemployment rate at 8.6 percent, while Orange County has the lowest at 3.3 percent.