Unemployment rates fell across the Triad in April, but not in sufficient numbers to make much of a dent in the dramatic job losses created during the recession.
It’s the same story that played out across much of the state last month.
“North Carolina’s local labor markets are taking a winding road to recovery,” John Quinterno, a principal at a Chapel Hill research firm, wrote in his monthly employment report. “Some conditions have improved relative to the depth of the recession, but job growth remains subdued and joblessness widespread.”
In the Greensboro-High Point metro area, for example, the April unemployment rate fell to 9.9 percent — only the second dip below 10 percent since the beginning of 2009.
Yet, since the recession began, the number of people without jobs in the area has increased by nearly 100 percent, growing from 17,839 in December 2007 to 35,447 last month.
“There is still a long way to go before unemployment falls to a level where it was at the start of the recession,” Quinterno said. “We are going to have to do a lot better if these labor markets are going to experience any kind of meaningful recovery.”
Yet, officials at the Employment Security Commission of North Carolina put a more positive spin on the latest numbers.
A spokesman said the Greensboro-High Point area has shown job growth for three consecutive months, adding 1,700 in February, 4,200 in March and 2,800 in April.
“It may not be large,” ESC spokesman Larry Parker said, “but as long as it is consistent growth, even if it is small, then that is a good thing. ... More people have found work.”
Yet, Quinterno points out, the area labor force has contracted by 2.2 percent in the past year, suggesting that some of those have become discouraged and quit looking for work.
That same problem existed across the state, Quinterno said, pointing out that 89 counties and 13 metro areas had smaller labor forces than a year ago.
Since the recession began, North Carolina has lost 6.7 percent of its employment base, or nearly 279,000 positions, and has seen its unadjusted unemployment rate climb from 4.7 percent to 9.5 percent.
In April, the state gained 2,900 more jobs than it lost. Over the past year, Quinterno said, employers have added 24,100 more jobs than they cut for an average monthly gain of just more than 2,000 jobs.
“We are just not gaining jobs at a rate fast enough to replace those lost during the recession or to keep pace with population growth,” Quinterno said. “At this pace, we are talking about a period of years.”
Contact Donald W. Patterson at 373-7027 of don.patterson@news-record.com
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