Lincoln County’s seasonally adjusted unemployment rate was 4.7% in July, unchanged from 4.7% in June. It was 6.7% the year before. The statewide unemployment rate was 3.5% in July, and the national rate was 3.5% as well. Seasonally adjusted nonfarm payroll employment decreased by 130 in July to 17,700 jobs. Seasonally adjusted figures compare expected changes with actual changes. A gain of 260 jobs was expected for the month, but the county’s total nonfarm employment rose by only 130. The private sector added 210 jobs.
Government employment dropped by 80. The leisure and hospitality sector added 240 jobs. Professional and business services grew by 30 jobs. Local government education cut 110 jobs over the summer break. Private education and health services trimmed 60 jobs. Other industries had small changes. July’s total nonfarm employment numbers show a gain of 210 jobs compared with one year before, an increase of 1.2%.
The county lost 4,880 jobs in April 2020 as the pandemic hit, and it remains 930 jobs below its pre-pandemic employment of July 2019. Leisure and hospitality recovered 280 jobs compared with the year before. On the other hand, retail trade lost 120 jobs over the year, professional and business services was down 70 jobs, construction trimmed 60 jobs, and financial activities shed 50 jobs. Local government education added 140 jobs. Most other industries had smaller employment changes over the past year.
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