The Triad’s unemployment rate declined slightly during July to 4.1% related to a modest uptick in the labor force, the N.C. Commerce Department reported Wednesday.
The Triad had a month-over-month increase of 4,900 in its labor force to 817,016, along with an 896 decrease in those considered as unemployed to 33,502.
The unemployment rate usually is affected by workers being hired or their jobs being eliminated. Those voluntarily leaving the workforce, which means they are no longer counted as unemployed.
The Triad’s jobless rate had ranged in the mid-to-high 3% range for most of the past 12 months after nearing a three-year high of 4.6% in August 2024.
Twelve of the 14 Triad and northwest N.C. counties experienced a month-over-month rate decrease.
Forsyth County’s rate declined from 4