Rural areas continue to lag in job growth

August 2, 2012 at 4:08 pm 3 comments

An analysis of unemployment rates between June 2010 and June 2011 by the North Carolina Budget and Tax Center show that job growth continues to be concentrated in the state’s metropolitan areas.  Since the official end of the recession in June 2009, 88.5 percent of the job growth in North Carolina’s metropolitan areas was in the state’s largest cities– in particular Charlotte-Gastonia-Rock Hill, Raleigh-Cary, and Greensboro-High Point.

On the flip side, small cities have only added about 17,000 jobs– but this has been essentially cancelled out by the loss of 17,000 jobs in non-urban areas .

While it’s good news that overall the unemployment rate has dropped in 91 of the state’s 100 counties, this uneven recovery is bad news for most of the state.

 

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Entry filed under: Economic Development, Economy, Jobs & Employment. Tags: , , .

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