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Jobless rate drops

Unemployment in both Pulaski County and the Commonwealth of Virginia declined during September, according to the latest figures released Friday.
Bill Mezger, chief economist with the Virginia Employment Commission, reported Friday that September unemployment for Pulaski County dropped from 9.1 percent in August to 8.1 percent in September.
Virginia’s unemployment rate, Mezger said, fell from a seasonally adjusted rate of 4.6 percent in August to 4.2 in September.
Mezger credited the decline in unemployment rates to the fact all schools and colleges across the state were open, and that means more jobs.
“All schools were back in session in September, and there are more jobs when they’re back in,” Mezger said. “That goes for the New River Valley, too, with Virginia Tech and Radford University. When they are back in session, it creates more business activity.”
Mezger said that, nationwide, the amount of unemployment is trending up. However, he said, “it doesn’t just shoot up. It rises by fits and spells. It’s still going up, but the seasonal situation of schools opening is overriding the general trend to higher unemployment this month at least.”
Pulaski County’s 8.1 percent rate in September, Mezger said, is the sixth highest unemployment rate in Virginia out of 134 jurisdictions. Martinsville City at 12.3 percent is the highest rate in Virginia, and Arlington County at 2.7 percent is the lowest.
The VEC reported that Pulaski County had 1,546 unemployed in September — down from 1,724 in August and up from 929 in September of 2007 when unemployment stood at 5 percent.
Elsewhere in the New River Valley, Radford’s unemployment rate dropped two full points from 7.7 percent in August to 5.7 percent in September with 427 unemployed. Montgomery County saw a full point of decline from 5.1 percent in August to 4.1 percent and 1,813 unemployed in September. Wythe County saw a sixth-tenths of one percent drop in September to 6.4 percent — down from 7 percent in August.
Wythe recorded 1,009 people out of work in September. Giles County saw its jobless rate hold steady at 6 percent in September, with 528 people unemployed.

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Jobless rate drops

Unemployment in both Pulaski County and the Commonwealth of Virginia declined during September, according to the latest figures released Friday.
Bill Mezger, chief economist with the Virginia Employment Commission, reported Friday that September unemployment for Pulaski County dropped from 9.1 percent in August to 8.1 percent in September.
Virginia’s unemployment rate, Mezger said, fell from a seasonally adjusted rate of 4.6 percent in August to 4.2 in September.
Mezger credited the decline in unemployment rates to the fact all schools and colleges across the state were open, and that means more jobs.
“All schools were back in session in September, and there are more jobs when they’re back in,” Mezger said. “That goes for the New River Valley, too, with Virginia Tech and Radford University. When they are back in session, it creates more business activity.”
Mezger said that, nationwide, the amount of unemployment is trending up. However, he said, “it doesn’t just shoot up. It rises by fits and spells. It’s still going up, but the seasonal situation of schools opening is overriding the general trend to higher unemployment this month at least.”
Pulaski County’s 8.1 percent rate in September, Mezger said, is the sixth highest unemployment rate in Virginia out of 134 jurisdictions. Martinsville City at 12.3 percent is the highest rate in Virginia, and Arlington County at 2.7 percent is the lowest.
The VEC reported that Pulaski County had 1,546 unemployed in September — down from 1,724 in August and up from 929 in September of 2007 when unemployment stood at 5 percent.
Elsewhere in the New River Valley, Radford’s unemployment rate dropped two full points from 7.7 percent in August to 5.7 percent in September with 427 unemployed. Montgomery County saw a full point of decline from 5.1 percent in August to 4.1 percent and 1,813 unemployed in September. Wythe County saw a sixth-tenths of one percent drop in September to 6.4 percent — down from 7 percent in August.
Wythe recorded 1,009 people out of work in September. Giles County saw its jobless rate hold steady at 6 percent in September, with 528 people unemployed.

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