Summary Background
LABOR FORCE
Total Population
172,955
Albemarle Regional Planning Commission
Unemployment Rate
6.4%
Albemarle Regional Planning Commission
Percent College Educated
22.65%
Albemarle Regional Planning Commission
Labor Force Participation Rate
94.16%
Albemarle Regional Planning Commission
EMPLOYMENT
The region’s unemployment rate dropped to 6.8% in 2016, its lowest level since peaking at 11.3% in 2011. The rate has not returned to its pre-recession levels and remains higher than North Carolina and the United States. The chart below presents the Northeastern Region, state of North Carolina, and national annual average unemployment rate for the ten-year period ending in 2016.
Default Timeline – BLS Unemployment Timeline with all available pull-downs.
LABOR FORCE
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