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County’s jobless rate drops

Unemployment in Pulaski County declined in October by nearly a point, according to figures released Wednesday by the Virginia Employment Commission.
The October jobless rate for the county stood at 7.1 percent, according to Bill Mezger, chief economist for the Virginia Employment Commission. That compares to an 8.0 percent rate in September.
Mezger reported 1,354 people in Pulaski County unemployed in October compared to 1,529 in September.
While the big drop is good news, unemployment is still way up over last year. The jobless rate for the county in October 2007 stood at 3.9 percent, with 715 people unemployed, according to the VEC.
Statewide, the unemployment figure held steady at 4.2 percent.
Mezger said that while unemployment claims increased in the state, strong fall seasonal employment increases in the schools, trade and transportation sectors were enough to at least temporarily offset the rise in jobless claims.
Mezger reported that hiring related to Virginia Tech and Radford University had helped lower unemployment in the New River Valley area overall from 5.4 to 5.1 percent in October. Last October, however, the area’s overall jobless rate stood at 3.3 percent.
Across the NRV, Pulaski County led the way with its nearly one percent drop in unemployment, while one jurisdiction saw an increase in unemployment.
Wythe County saw its jobless rate rise. Wythe stood at 6.5 percent in October compared to 6.3 percent in September. Others saw declines, including a seven-tenths of a point drop in Giles County (6.1 percent in September to 5.4 in October), and one-tenth of a point in Radford (5.7 percent in September to 5.6 percent in October).
Montgomery County recorded a 4.1 percent rate in October, the same as in September.
Across the state, Arlington County continues to lead the state in lowest unemployment with 2.7 percent, while Martinsville remains at the top of the unemployment list with a 12.7 percent rate, just ahead of Danville at 11.8 percent.

County’s jobless rate drops

Unemployment in Pulaski County declined in October by nearly a point, according to figures released Wednesday by the Virginia Employment Commission.
The October jobless rate for the county stood at 7.1 percent, according to Bill Mezger, chief economist for the Virginia Employment Commission. That compares to an 8.0 percent rate in September.
Mezger reported 1,354 people in Pulaski County unemployed in October compared to 1,529 in September.
While the big drop is good news, unemployment is still way up over last year. The jobless rate for the county in October 2007 stood at 3.9 percent, with 715 people unemployed, according to the VEC.
Statewide, the unemployment figure held steady at 4.2 percent.
Mezger said that while unemployment claims increased in the state, strong fall seasonal employment increases in the schools, trade and transportation sectors were enough to at least temporarily offset the rise in jobless claims.
Mezger reported that hiring related to Virginia Tech and Radford University had helped lower unemployment in the New River Valley area overall from 5.4 to 5.1 percent in October. Last October, however, the area’s overall jobless rate stood at 3.3 percent.
Across the NRV, Pulaski County led the way with its nearly one percent drop in unemployment, while one jurisdiction saw an increase in unemployment.
Wythe County saw its jobless rate rise. Wythe stood at 6.5 percent in October compared to 6.3 percent in September. Others saw declines, including a seven-tenths of a point drop in Giles County (6.1 percent in September to 5.4 in October), and one-tenth of a point in Radford (5.7 percent in September to 5.6 percent in October).
Montgomery County recorded a 4.1 percent rate in October, the same as in September.
Across the state, Arlington County continues to lead the state in lowest unemployment with 2.7 percent, while Martinsville remains at the top of the unemployment list with a 12.7 percent rate, just ahead of Danville at 11.8 percent.