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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

Jobless rate up to 5.7% in December

Wednesday, February 6, 2013

By KEN BRADLEY - Staff Writer

Franklin County's jobless rate increased to 5.7 percent in December 2012, from the November rate of 5.4 percent, according to the Virginia Employment Commission (VEC).

The Virginia jobless rate also increased in December to 5.4 percent from the November rate of 5.3 percent.

Ann D. Lang, VEC senior economist, said the number of unemployed statewide in December increased 4,197, while the labor force contracted by 15,054.

The number of Virginians employed in December was 4,084,580 in a labor force size of 4,316,515.

Lang said the December unemployment rate increased slightly because of the decrease in the labor force size.

The state jobless rate continued to be below the U.S. jobless rate of 7.6 percent in December.

The VEC said 1,620 persons in Franklin County were unemployed in December and looking for a job. That's up from 1,518 persons in Franklin County who were unemployed in November and seeking employment.

Lang said 26,889 persons were employed in Franklin County during December in a labor force size of 28,509.

December 2012 unemployment rates in neighboring cities and counties: Bedford City, 10.8 percent, up from 8.5 percent in November; Bedford County, 5.4 percent, up from 4.9 percent; Floyd County, 5.6 percent, up from 5.2 percent; Henry County, 9.2 percent, down from 9.3 percent; Martinsville, 15.2 percent, down from 15.7 percent; Patrick County, 7.6 percent, up from 7.0 percent; Pittsylvania County, 6.5 percent, down from 6.7 percent; Roanoke City, 6.8 percent, unchanged; Roanoke County, 5.0 percent, up from 4.7 percent; and Salem, 5.5 percent, down from 5.7 percent.

The number of Virginians receiving regular unemployment benefits in December was 48,464, down from 48,642 in November.

Initial claims for unemployment benefits in December was 26,407, up from 26,506 in November.

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

 
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