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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 rises to 5.7% in January

Wednesday, March 26, 2014

By KEN BRADLEY - Staff Writer

Franklin County's jobless rate increased to 5.7 percent in January from 4.6 percent in December 2013, according to the Virginia Employment Commission (VEC).

Virginia's jobless rate jumped to 5.4 percent in January from the December rate of 4.8 percent.

"As usual for this time of year, the higher jobless rate is due to cutbacks in the retail and leisure and hospitality sectors after the holidays and winter break closings of schools," said Ann D. Lang, VEC senior economist.

Virginia's January unemployment rate continues to be below the national rate of 7.0 percent.

The VEC said 1,622 persons in Franklin County were unemployed in January and actively seeking employment. That's up from the 1,313 persons who were unemployed in December 2013.

Lang said 28,413 persons in Franklin County were employed in January in a labor force size of 29,791.

Statewide, 226,743 persons were unemployed in January, up from the 203,389 who were unemployed in December.

A total of 4,010,583 persons were employed in January in a labor force size of 4,237,326.

January unemployment rates in neighboring cities and counties: Bedford City , 6.7 percent, up from 6.3 percent in December 2013; Bedford County, 5.4 percent, up from 4.7 percent; Floyd County, 5.9 percent, up from 5.0 percent; Henry County, 8.3 percent, up from 7.2 percent; Martinsville, 11.4 percent, down from 12.4 percent; Patrick County, 6.7 percent, up from 5.8 percent; Pittsylvania County, 6.9 percent, up from 5.8 percent; Roanoke, 6.5 percent, up from 5.8 percent; Roanoke County, 4.9 percent, up from 4.3 percent; and Salem, 5.1 percent, up from 5.0 percent.

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

 
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