CAROLINE CROSSROADS Free Lance-Star reporter Robyn Sidersky covers Caroline County government and schools. You can reach her at 540/374-5413 or email@example.com. You can follow coverage on Facebook or Twitter as well.December 15th, 2010, 4:41 pm
Caroline County unemployment rate holds at 8.5%
From: Caroline County Board of Supervisors
Re: Caroline County October Unemployment Rate
Percy Ashcraft, County Administrator
Virginia Employment Commission data released for October indicates that
Caroline County’s unemployment rate remains unchanged for the third month in a row at 8.5%.
Caroline’s unemployment rate has held steady since August. The 8.5% plateau represents a significant step down from July’s 8.9% and the year’s high of 10.5% in February.
Other communities in the region remained little changed from September to October.
Spotsylvania rose slightly from 5.2% to 5.3%.
Stafford also rose slightly from 5.3% to 5.4%.
King George was unchanged at 7.9%.
Hanover County rose slightly from 6.2% to 6.3%.
Only Fredericksburg increased in unemployment significantly from 8.3% to 8.7% to regain the place of highest unemployment in the region.
Caroline’s 8.5% 2010 October unemployment is the lowest rate in Caroline since October 2009 when unemployment was at 8.0%.
November of 2009 saw an increase to 8.8% and unemployment grew from that point on until the peak collapsed in March 2010 at 10%.
Elsewhere in Virginia, Arlington enjoyed the lowest October unemployment in Virginia at 3.8% and Martinsville suffered the highest unemployment in October at 17.9%.
Nationally, North Dakota had the lowest October unemployment at 2.8% while Nevada had the highest unemployment with 13.7%. Virginia was ranked 11th in unemployment with only 6.5%.
Gary R. Wilson
Director, Caroline County
Department of Economic Development & Tourism