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The Franklin News-Post
P. O. Box 250
310 Main Street, SW
Rocky Mount, Virginia 24151
540-483-5113
Fax: 540-483-8013

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Jobless rate drops to 5.8% in Franklin County

Monday, October 8, 2012

By KEN BRADLEY - Staff Writer

Franklin County's jobless rate dropped to 5.8 percent in August from the July rate of 6.0 percent, according to the Virginia Employment Commission (VEC).

The Virginia jobless rate remained unchanged in August at 6.0 percent.

Ann D. Lang, VEC senior economist, said the number of unemployed workers in August totaled 250,123. The number of Virginians employed totaled 4,083,601 in a labor force size of 4,333,724.

Lang said August is a transition month between the summer and fall labor markets.

"The civilian labor force, total employment and the number of unemployed normally decline in August, as students quit their summer jobs to return to college and local school systems." Lang said.

The state unemployment rate continues to be below the U.S. jobless rate of 8.2 percent in August.

The VEC said 1,675 persons in Franklin County were unemployed in August and looking for a job. That's down from the 1,748 persons who were unemployed in July and seeking employment.

Lang said 27,122 persons were employed in Franklin County during August in a labor force size of 28,797.

August unemployment rates in neighboring cities and counties: Bedford City, 8.1 percent, unchanged from July; Bedford County, 5.5 percent, down from 5.8 percent; Floyd County, 6.3 percent, up from 6.2 percent; Henry County, 10.1 percent, down from 10.3; Martinsville, 15.9 percent, down from 16.3 percent; Patrick County, 8.9 percent, up from 7.7 percent; Pittsylvania County, 7.2 percent, down from 7.6 percent; Roanoke, 7.1 percent; down from 7.5 percent; Roanoke County, 5.4 percent, down from 5.8 percent; and Salem 5.7 percent, down from 6.4 percent.

The number of Virginians receiving regular unemployment benefits in August was 50,604, down from 52,216 in July.

The number of Franklin County residents drawing unemployment benefits in August was unavailable.

Franklin County's unemployment rate includes the towns of Rocky Mount and Boones Mill.

 
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