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Unemployment

While unemployment is a reality, Cabarrus County prides itself on consistently bringing the percentage down, which is evident in the tables represented below.

The following table depicts the 2014 labor force figures for Cabarrus County and the requisite unemployment rate.

Labor Force, February 2014
Labor Force 91,568
Unemployment Rate 5.9%

Source: NC Employment Security Commission

 

The following table depicts the unemployment rate for Cabarrus County and surrounding areas for the past two years.

 Unemployment Rate %

 

Cabarrus

MSA

NC

Month

2014

2013

2014

2013

2014

2013

 January

6.3

9.3

6.9

10.0

7.0

10.2

 February

5.9

8.7

6.4

9.4

6.6

9.5

 March

8.2

8.8

8.9

 April

 

7.9

 

8.4

 

8.5

 May

 

8.3

 

8.9

 

8.9

 June

8.8

 

9.3

 

9.3

 July

 

8.5

 

9.2

 

9.1

 August

 

7.7

 

8.3

 

8.3

 September

 

*

 

*

 

*

 October

 

6.8

 

 7.5

 

7.5

 November

 

6.2

 

6.9

 

6.9

 December

 

5.9

 

6.6

 

6.6

 YTD Average

6.1

9.0 

6.7

9.7 

6.8

 9.9

* No numbers were reported in 9/2013 due to government shut down.
Source: NC Department of Commerce, Division of Employment Security

 

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