Anson County’s unemployment rate took a steep drop in February, down to 7.5 percent, according to a report released Wednesday morning by the North Carolina Department of Commerce’s Labor and Economic Analysis Division.
The 7.5 rate is down 1.1 percent from January’s rate of 8.6 percent. When compared to the same time period last year, Anson’s unemployment is down 4 percent from the February 2013 rate of 11.5 percent.
A drop in unemployment rates was common across North Carolina’s 100 counties, with unemployment decreasing in 95 counties in February. Unemployment increased in four counties, and remained the same in one. Graham County had the highest unemployment rate at 13.8 percent, while Orange County had the lowest at 4.4 percent.
Anson’s neighboring counties all experienced decreases in unemployment rates for the month of February. Richmond County’s rate of 8.2 was down slightly from January’s rate of 8.1 percent, while Stanly’s unemployment rate of 6.1 percent was also down from 6.4 percent the previous month. Union County’s rate of 5.6 percent remains the lowest in the area, and also inched down in February, from January’s rate of 5.9 percent.
The next unemployment update is scheduled for April 21, when the state unemployment rate for March 2014 will be released.