Caroline County May unemployment down
Caroline County May Unemployment Down
Caroline Only County in Region to Decline
From: Caroline County Board of Supervisors
July 1, 2010
Percy Ashcraft, County Administrator
Caroline County had the only declining unemployment rate in the region for the Month of May. May unemployment declined to 8.4%, down from 8.7%. Fredericksburg had a higher unemployment rate at 9.0% and King George has nearly drawn even with Caroline at 8.2%. The two northern Counties of Spotsylvania and Stafford have unemployment rates below six percent, though their rates rose slightly. Caroline also reported a fifty job increase between April and May while the Labor Force held steady at 14,355.
Caroline in recent weeks has seen an increase in residential home construction, highway construction and industrial site construction.
Caroline peaked in unemployment in February at 10.5%.
The United State unemployment rate in May was 9.3% and Virginia in the same period was 6.9%.
The most likely place in Virginia to be unemployed remains Martinsville with a jobless rate of 20.3%.
Contact: Gary R. Wilson
Director of Economic Development & Tourism