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Mecklenburg unemployment rate falls again

Mecklenburg County’s unemployment rate continued its gradual yearlong decline by dipping to 7.7 percent in October, according to state figures released Thursday.

Mecklenburg’s rate for October, whose release was delayed by this fall’s federal government shutdown, marks a decline of 1.2 percentage points from the same month in 2012.

The rate for the broader Charlotte-Gastonia-Rock Hill, S.C., area was 7.5 percent for October, a decline of 1.8 percentage points from October 2012.

Over the year, the Charlotte metropolitan area registered the state’s largest net employment gain of 28,400 jobs, a 3.3 percent increase.

The Raleigh-Cary area added 11,000 jobs, the state’s next highest net gain.

The professional and business services sector led the Charlotte area’s job increase, posting 10,200 new jobs over the past year.

Trade, transportation and utilities added 6,100 jobs, as did leisure and hospitality. The closely-watched sector that includes construction picked up 4,400 jobs. That sector’s 11.3 percent gain marked the biggest percentage increase among all categories.

The latest rate release also included the rates for September, which had been postponed because of the federal government shutdown. Mecklenburg’s September rate was 7.8 percent.

The rates were not adjusted for seasonal employment variations.

Frazier: 704-358-5145; @ericfraz on Twitter
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