Source: Trajan Warren, TRIAD BUSINESS JOURNAL, 11/25/20


Researchers at North Carolina A&T State University have released preliminary results on a study on the impact of the Covid-19 pandemic on the Triad. According to the study, unemployment increased more than 300% in the Triad from February to May, with the vast majority of the jump due to the pandemic. The Triad saw 31,194 people unemployed and an unemployment rate 3.7% in February. As the pandemic spread and forced businesses to close, whether permanently or temporarily, the number of unemployed reached more than 106,000 in May, resulting in a 13.3% unemployment rate.

For more of this story, click here.