Open in App
  • Local
  • Headlines
  • Election
  • Sports
  • Lifestyle
  • Education
  • Real Estate
  • Newsletter
  • Stacker

    How unemployment in Tyrrell County compares to the rest of the state

    By Stacker,

    2024-04-25

    https://img.particlenews.com/image.php?url=2oYD6W_0sdWp10B00
    Canva

    Here's how unemployment in Tyrrell County, North Carolina compares

    Tyrrell County's unemployment rate in December was 5.6%—ranked #3 highest out of 100 in the state.

    Nationally, unemployment has leveled with pre-COVID rates , measuring between 3.5% and 4% for most of the past two years. Bureau of Labor Statistics data showed a 3.7% unemployment rate in January. Previously, unemployment skyrocketed to 14.7% at the height of the COVID-19 pandemic in April 2020, and those rates remained elevated through late 2021.

    Though national unemployment has mostly normalized, local economies vary widely. Stacker used Bureau of Labor Statistics data to analyze unemployment in Tyrrell County over time, and how it stacks up within North Carolina and across the nation.

    The unemployment rate in Tyrrell County is 1.9 percentage points above the national level, and 2.1 percentage points above the state level. It ranks #3 among counties in North Carolina —ranked first by the preliminary December 2023 unemployment rate, then breaking ties by the number of unemployed people. It trails behind Hyde County, with an unemployment rate of 5.7%, but surpasses Edgecombe County (5.2%).

    In real terms, it means an estimated 67 of Tyrrell County's approximately 1,190 working residents are out of a job at the moment. That's 7 more than last month and 15 fewer than a year ago. Some economists fret another recession may be on the horizon, which would drive unemployment up with business closures and layoffs.

    This story was produced using automation across 3,100 counties, boroughs, and parishes, based on writing and data reporting by Paxtyn Merten.

    Expand All
    Comments /
    Add a Comment
    YOU MAY ALSO LIKE
    Local News newsLocal News
    The Shenandoah (PA) Sentinel1 day ago
    Robert Russell Shaneyfelt24 days ago

    Comments / 0