The May unemployment rate rose to 11.3 percent in Guilford [County]
…the amount of unemployment benefits increased
from $11.6 million to $12.6 million, during that same time
Rockingham had the highest rate at 14.3 percent
up from 13.3 percent in April
…the increase in May represents some 2,000 new people
without a job in Guilford
Since May 2008
the unemployment rate here has nearly doubled
A year ago, 14,218 people were unemployed
…there were 27,547 without jobs this May
27,547 – 14,218 = 13,329
If the per capita income for Guilford County was $36,663 in 2008
and 13,329 x $36,663 = $485,014,827(yes, more than $485 million)
how low could local tax revenues go?
…the Charlotte-Gastonia-Concord metro area
eliminated 52,000 jobs
Local jobless rate climbs after a brief reprieve
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