Durham-Chapel Hill unemployment down to 6.1 percent
Unemployment in the Durham-Chapel Hill metro fell to 6.1 percent in October, according to preliminary data released Thursday.
The metro area’s rate was down from October of last year’s 7.3 percent, and was also down compared with September’s 6.3 percent, according to estimates from the N.C. Department of Commerce’s Labor and Economic Analysis Division that were adjusted for seasonal fluctuations in employment.
The metro area’s unemployment rate hasn’t been lower since December of 2008, when the rate was 5.9 percent. However, the rate hasn’t returned to pre-recession levels.
The metro area saw its number of unemployed people fall 17 percent from last year to 16,645 people in October. The total number of unemployed people was also down more than 3 percent compared to September.
Meanwhile, the number of employed people grew slightly, less than a full 1 percent, year-over-year and month-to-month to a total of 258,080.
The labor force increased compared to September to 274,725 but was down slightly compared to last year.