Charlotte still one of the fastest growing cities! (unemployment rate, live)

[goolsbyjazz]

As reported in the Charlotte Observer today, Charlotte, in spite of its high unemployment and banking troubles, still ranks as one of the fastest-growing cities in the nation. While I no longer live there (but would love to move back!) it comes as no surprise to me that this is the case.

Of course, this article and the stats will be interpreted in different ways by different people. However, the truth remains that, for many, it is still a wonderful place.

[carolinagrown]

Banking troubles? Which bank is in trouble?
High unemployment? 8.1%... alot better than many other cities.

[jbcmh81]

Originally Posted by carolinagrown

Banking troubles? Which bank is in trouble?
High unemployment? 8.1%... alot better than many other cities.

?? Charlotte has 9.5% unemployment, and it went UP 0.4% in May.

[ncopus99]

Originally Posted by jbcmh81

?? Charlotte has 9.5% unemployment, and it went UP 0.4% in May.

It is down if you look by year; May 2011 was at 10.6% to May 2012's 9.6%
Unemployment rate jumps in Charlotte region - WBTV 3 News, Weather, Sports, and Traffic for Charlotte, NC

Mecklenburg County is above the national average for May 2012 i.e. 8.2%.

[frewroad]

This article is more detailed.

Charlotte area's jobless rate rises to 9.5% | CharlotteObserver.com & The Charlotte Observer Newspaper

What should be disturbing however is the number of "employed" is falling.

[adavi215]

I'm glad to see Charlotte is booming despite the challenges. The unemployment id a huge concern, although I wonder of the high numerical growth is a reason for the unemployment not dripping as fast. Perhaps some are still moving here without a job and hoping too find one. At any rate, to have still add one 19k is quite impressive.