Mideast-Region Q : labor market information update [2005 : March]

Labor Market Information Region Q Update March 9, 2005 Area Quick Facts: Civilian Labor Force Estimates* Dec. 2004 Nov. 2004 Dec. 2003 NC Civilian Labor Force Beaufort Labor Force 17,651 17,771 18,527 December 2004 Employed 16,400 16,637 16,887 Seasonally Adjusted Unemployed 1,251 1,134 1,640 Rate % 7.1 6.4 8.9 Labor Force 4,199,207 Bertie Labor Force 8,480 8,513 8,921 Employed 3,978,803 Employed 7,859 7,877 8,111 Unemployed 621 636 810 Unemployed 220,404 Rate % 7.3 7.5 9.1 Rate 5.2% Hertford Labor Force 1 1 ,005 11,153 11,101 Employed 10,535 10,693 10,609 ******************************** Unemployed 470 460 492 Duration of Unemployment Rate % 4.3 4.1 4.4 Insurance Benefits Martin Labor Force 10,460 10,579 10,799 For 12 months ending Employed 9,679 9,839 9,818 January 2005 ' Unemployed 781 740 981 Weeks Rate % 7.5 7.0 9.1 Pitt Labor Force 72,295 72,896 72,423 Beaufort 14.9 Employed 68,244 68,762 68,328 Bertie 17.1 Unemployed 4,051 4,134 4,095 Rate % 5.6 5.7 5.7 Hertford 16.8 Region Q Labor Force 119,891 120,912 121,771 Martin 14.1 Employed 112,717 113,808 113,753 Unemployed 7,174 7,104 8,018 Pitt 14.7 Rate % 6.0 5.9 6.6 NC 13.7 NC Labor Force 4,171,916 4,197,362 4,214,421 Employed 3,962,888 3,987,736 3,965,243 'Duration is the number of Unemployed 209,028 209,626 249,178 weeks compensated for the year divided by the number of Rate % 5.0 5.0 5.9 first payments. ‘January 2005 state and area/county estimates will be released on March 10 and 1 7, respectively. Note: When comparing area/county data to state data, use unadjusted state data as in this chart. ******************************** Unemployment Insurance Claims NC Average Weekly December 2004 Benefit Amount December 2004 Initial Claims Weeks Claimed Benefits Paid $240.05 Beaufort 491 2,714 $492,440 NC Maximum Weekly Bertie 190 1,537 $225,325 Unemployment Insurance Hertford 405 2,062 $135,526 Benefit Amount Martin 287 1,519 $234,565 $426.00 Pitt 1,007 7,185 $1,362,915 Statewide 83,953 425,941 $76,102,992