Triangle unemployment rate stays at 8 percent in August

Posted September 24, 2010

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— Unemployment in the triangle remained flat at 8 percent in August, the N.C. Employment Security Commission reported Friday.

However, the jobless rate did decline in the state’s 14 metropolitan statistical areas and in 82 of 100 counties.

The state’s overall jobless rate is 9.8 percent.

The Triangle measure differs from Raleigh-Cary and Durham-Chapel Hill, which are measured as separate metro areas.

“Unemployment rates continued to drop in most of the state’s 100 counties in August,” said ESC Chairman Lynn Holmes in a statement. “However, while the rates have lowered, current economic conditions continue to be a challenge for many communities across North Carolina as the unemployment rate remains at 10 percent or over in half of the state’s counties.”

The metropolitan statistical area rates for August as reported by the ESC:

• Asheville – 8 percent, down from 8.1 percent in July
• Burlington – 10.6 percent, down from 10.9 percent
• Charlotte-Gastonia-Rock Hill NC-SC – 11 percent, down from 11.3 percent
• Durham-Chapel Hill – 7.3 percent, down from 7.4 percent
• Fayetteville – 9 percent, down from 9.1 percent
• Goldsboro – 8.3 percent, down from 8.5 percent
• Greensboro-High Point – 10.4 percent, down from 10.7 percent
• Greenville – 9.8 percent, down from 10 percent
• Hickory-Lenoir-Morganton – 12.6 percent, down from 12.8 percent
• Jacksonville – 7.9 percent, down from 8 percent
• Raleigh-Cary – 8.2 percent, down from 8.3 percent
• Rocky Mount – 12.7 percent, down from 13.1 percent
• Wilmington – 9.3 percent, down from 9.6 percent
• Winston-Salem – 9.3 percent, down from 9.5 percent



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  • mtnmama Sep 24, 2010

    Mrschizzy---was it the Dems who voted to send our jobs overseas? Was it the Dems who decided to get us into 2 wars looking for WMD that didn't exist, creating a tremendous drag on our economy? And healthcare reform barely lokks like it was supposed to after the GOP got finished hacking it to death & stuffing it full of pork! Yes, both sides do it. And here you have your GOP endorsing tax cuts to the richest, & although they admit UE extensions are needed, they won't vote for it until it is paid for, yet they are willing to borrrow & run up more debt to give themselves the tax cuts. Tegarless of anything else that has happened, this speaks VOLUMES. ANd YES, it IS gov's job to extend UE in these unprecedented times. They are the ones that caused our jobs to go away in the 1st place. If not for their ineptness, we wouldn't need it. If they can fund unnecessary wars and senf $$ to every "cause" & disaster outside our borders, they can darn sure take care of their own!

  • autonomous173 Sep 24, 2010

    See the real numbers

    There are more unemployed in NC than any other state.

  • southernincary Sep 24, 2010

    I ran an ad for a job posting last month. Salary was posted ~$30K/year. I got 4 resumes. FOUR?!? I don't want to hear people whining about not having a job when they don't even try. It may not be a cushy office job where you can show off how "successful" you are. It may be the type where you actually have to sweat and get dirty but at least you can honestly feed your family without sucking off the government and the hardworking Americans who are getting their hands dirty!

  • WolfPackAlum Sep 24, 2010

    "You need to do you research to find out WHO was really responsible for the housing bubble"

    I'm not sure you quite understand how a market bubble is created. It began with the incorrect assumption that a house was an appreciable investment (i.e. a vehicle to generate wealth) which would continue to grow in value forever. Fannie and Freddie did not create this idea - rather it was this idea which created Fannie and Freddie. Banks had been marketing mortgages as an investment vehicle for some time, while spinning off the risk through CDOs. This led to people taking out 2nd and 3rd mortgages to pay for personal expenditures on the assumtion that the value of the house would never depreciate. The financial meltdown was a result of a "perfect storm" of sorts, involving numerous parties, false assumptions, and just plain greed. It is naiive at best to parrot "Fannie and Freddie caused the recession," just because whatever authority you subscribe to told you they did.

  • Bill Brasky Sep 24, 2010


    I was in the industry in the early 2000's and I'll tell you what caused the housing bubble. It was loan officers who were pushing cash out refinances(debt consolidations). What they would do was find a willing borrower, then call their favorite appraiser and ask them if they could appraise a house at a certain price..called a precomp(illegal), the higher value the more cash out for the borrower. The appraiser used comparables from different neighborhoods to establish the value of the home and basically made the loan work. This drove up the value of homes in not only Raleigh, but the US. This as well as the practice of only looking at the borrowers credit report and using stated income and assets. Banks could afford to make these risky loans. Due to the Gramm–Leach–Bliley Act, they were now allowed to combine them and selling them as mortgage backed securities on the stock market.

  • Bill Brasky Sep 24, 2010

    "Omg you said that and didn't include the democrats?"

    Sure didn't, Democrats and Republicans supported Bush to the tune of a 92% approval rating at the beginning of his term. We didn't wish the president to fail from the get go. Thought that was a sad day for Americans.

  • Bill Brasky Sep 24, 2010

    Mrschizzy says "You need to do you research to find out WHO was really responsible for the housing bubble, the Fannie Mae and Freddie Mac crisis, and the subprime mortgage crises. You will see that it was the Democrat policies that started this snowball effect."

    Congrats, you're the 100th person to attempt to use this false talking point. Read about the Gramm–Leach–Bliley Act which destroyed our economy. By the way Freddie mac and fannie mae accounted for only 6% of sub-prime loans that were produced, the rest were from private banks. Greed and deregulation lead to the financial crisis.

  • Adelinthe Sep 24, 2010


    When one uses appropriate accounting practices and sensible polling practices, it's almost double that.

    God bless.


  • gunny462 Sep 24, 2010

    "What has Kay Hagan done for NC? Try writing or calling Kay's office and see how long it takes to get a response."

    You won't get a response, it's been 5 months now for me. Also I believe she is at 97% on party lines.

  • gunny462 Sep 24, 2010

    "I quite believing anything the right have said since the election, they seemed more interested in their political party then their country"

    Omg you said that and didn't include the democrats?