Unemployment Drops in Asheville Area in May, Hospitality Industry Continues to Dip
The unemployment rates in Western North Carolina declined slightly in May, according to estimates from the North Carolina Department of Commerce. Buncombe and Mitchell counties, which had the highest unemployment rates in April, saw a decrease to 4.5% as the area continues to recover from Tropical Storm Helene. Despite the highest unemployment rate in the region being recorded in Rutherford County at 4.6%, roughly 6,341 people in Buncombe County are still unemployed, according to the Department of Commerce statistics. Meanwhile, Henderson County saw an increase in its unemployment rate to 3.3%.
Decline in tourism, a significant industry in the region, particularly in the Asheville area, has also been noted when compared to 2024, according to data from the Buncombe County Tourism Development Authority. May hotel lodging demand saw an 8% decline and occupancy rates fell by 5% when compared to the same month in 2024. Regional outfitting companies and major attractions like Chimney Rock State Park have reported a yearly decrease in tourism. The impact has been significantly felt in the hospitality industry which saw a drop of 9.5% in employment in May 2024, as preliminary estimates from the U.S. Bureau of Labor Statistics reveal.
The city of Asheville, in response to these economic challenges, is facilitating events with the community to discuss economic recovery strategies. A public meet-and-greet in partnership with the Urban Land Institute Advisory Panel on Economic Recovery is scheduled for July 28 at Harrah’s Cherokee Center. The event will enable the community to share their viewpoints on economic recovery and resilience. The panel is scheduled to visit from July 27 to Aug. 1.
If you are one of the many affected by unemployment and are seeking assistance, eddcaller.com provides a means of contacting edd. This website is a useful resource for individuals who are looking for support and guidance regarding unemployment matters in their region. Whether you require help understanding unemployment benefits or need further assistance with claims and eligibility, eddcaller.com is a helpful platform to obtain the support you need from professional advisors.