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

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Jobless rate drops to 5.3 percent in November

Monday, January 14, 2013

By KEN BRADLEY - Staff Writer

Franklin County's jobless rate dropped to 5.3 percent in November 2012 from the October rate of 5.4 percent, according to the Virginia Employment Commission (VEC).

The Virginia jobless rate also decreased in November to 5.3 percent from the October rate of 5.6 percent.

Ann D. Lang, VEC senior economist, said the number of unemployed statewide in November dropped by 5,434 to 228,156.

The number of Virginians employed in November was 4,104,015 in a labor force size of 4,332,173.

The November unemployment rate dropped slightly because of the expansion in the labor force size, Lang said.

The state jobless rate continued to be below the U.S. jobless rate of 7.4 percent in November.

The VEC said 1,518 persons in Franklin County were unemployed in November and looking for a job. That's down from 1,562 persons in Franklin County who were unemployed in October and seeking employment.

Lang said 27,019 persons were employed in Franklin County during November in a labor force size of 28,537.

November unemployment rates in neighboring cities and counties: Bedford City, 8.5 percent, down from 8.6 percent in October; Bedford County, 4.9 percent, down from 5.4 percent; Floyd County, 5.2 percent, up from 5.0 percent; Henry County, 9.3 percent, unchanged; Martinsville, 15.7 percent, up from 14.8 percent; Patrick County, 7.0 percent, unchanged; Pittsylvania County, 6.7 percent, unchanged; Roanoke City, 6.8 percent, up from 6.6 percent; Roanoke County, 4.7 percent, down from 4.8 percent; and Salem, 5.7 percent, up from 5.5 percent.

The number of Virginians receiving regular unemployment benefits in November was 48,642, up from 46,392 in October.

Initial claims for unemployment benefits in November was 26,504, up from 24,908 in October.

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

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