labor market overview - files.nc.gov...ac omc modation & food services 471 9,086 $39,838,874...
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High Country Workforce Development Board
Regional Labor Market Snapshot
High Country Region
L A B O RMARKET OVERVIEW
NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | [email protected]
-2%
0%
2%
4%
6%
8%
Mar-16
Jun-16
Sep-16
Dec-16
Mar-17
Jun-17
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
May 2020
March 2020UnemploymentRates*
High Country4.4%
3.4 4.1 4.8 5.8 7.5 13.1
Alleghany6.0%Ashe
4.4%
Watauga3.7%
Avery4.6%
Mitchell5.3%
Wilkes4.7%
Yancey4.5%
Trending
REgIOnAl EMplOyMEnT*
3,696 Fewer people Workingin March than previous month
2,297 Fewer people Workingthan same period one year ago
High Country Total = 91,025
OnlInE JOB ADs
UnEMplOyMEnT*
High Country Total = 4,208March 2020
Current previous
Region 4.4% 3.8%
nC 4.2% 3.7%
Us 4.5% 3.8%
TAxABlE RETAIl sAlEs
12.1% Higherthan same period one year ago
High Country Total = $209,837,671
Source: NC Dept. of RevenueNote: February 2020 data most current available at time of release.
METRO JOB gROWTH*
1,800 Fewer Jobsin March than previous month
Asheville Total = 195,500
200 Fewer Jobsin March than previous month
Hickory-Lenoir-Morganton Total = 155,300
*March 2020 data are preliminary, previous month’s data are revised while all other data have undergone annual revision All data produced in this publicationare generated by LEAD unless otherwise stated.
This workforce product was funded by a grant awarded by the U.S. Department of Labor’s Employment and Training Administration. For more information, please visit http://www.nccommerce.com/lead/lmo.
5-yearpercent Change in number Employed*
Source: LAUS, Labor & Economic Analysis, NC Dept. of Commerce
951 Online Advertised Vacanciesover past 90 days
20 More Vacanciesthan same period one year agoSource: LEAD/The Conference Board
Last Year’s Employment & Wages by Industry3rd Quarter 2019Industry Establishments Avg. Employment Total Wages
Construction 640 3,592 $38,279,175Manufacturing 195 7,948 $83,428,408
Wholesale Trade 199 2,108 $27,217,797
Retail Trade 850 10,200 $65,315,679
Transportation and Warehousing 153 1,605 $16,624,985
Finance and Insurance 229 1,139 $14,987,485
Real Estate, Rental & Leasing 280 1,138 $9,778,741
Professional, Sci., & Tech. Services 419 1,566 $17,804,044
Health Care & Social Assistance 448 10,027 $108,637,513
Arts, Entertainment, & Recreation 96 2,553 $16,716,432
Accommodation & Food Services 471 9,086 $39,838,874
Other Services 530 1,835 $12,989,138
High Country Workforce Development Board
L A B O RMARKET OVERVIEW
March 2020 February 2020 January 2020 March 2019
Alleghany
Labor Force 4,269 4,428 4,351 4,304
Employed 4,014 4,199 4,109 4,085
Unemployed 255 229 242 219
Rate 6.0 5.2 5.6 5.1
Ashe
Labor Force 12,577 13,044 12,889 12,693
Employed 12,027 12,540 12,347 12,147
Unemployed 550 504 542 546
Rate 4.4 3.9 4.2 4.3
Avery
Labor Force 6,982 7,351 7,242 7,233
Employed 6,661 7,061 6,932 6,919
Unemployed 321 290 310 314
Rate 4.6 3.9 4.3 4.3
Mitchell
Labor Force 5,886 6,007 5,946 6,123
Employed 5,572 5,708 5,625 5,821
Unemployed 314 299 321 302
Rate 5.3 5.0 5.4 4.9
Watauga
Labor Force 28,717 29,831 29,219 29,065
Employed 27,646 28,892 28,226 27,924
Unemployed 1,071 939 993 1,141
Rate 3.7 3.1 3.4 3.9
Wilkes
Labor Force 28,533 29,313 29,280 29,599
Employed 27,206 28,140 27,985 28,352
Unemployed 1,327 1,173 1,295 1,247
Rate 4.7 4.0 4.4 4.2
yancey
Labor Force 8,269 8,523 8,431 8,399
Employed 7,899 8,181 8,062 8,074
Unemployed 370 342 369 325
Rate 4.5 4.0 4.4 3.9
Civilian labor Force Estimates*
March 2020 data are preliminary, previous month’s data are revised while all other data have undergone annual revision All data produced in this publication are generated by LEAD unless otherwise stated..
NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | [email protected]
This workforce product was funded by a grant awarded by the U.S. Department of Labor’s Employment and Training Administration. The product was created by the recipient and does not necessarily reflect the official position of the U.S. Department of Labor. The Department of Labor makes no guarantees, warranties, or assurances of any kind, express or implied, with respect to such information, including any information on linked sites and including, but not limited to, accuracy of the information or its completeness, timeliness, usefulness, adequacy, continued availability, or ownership. This product is copyrighted by the institution that created it. Internal use by an organization and/or personal use by an individual for non-commercial purposes is permissible. All other uses require the prior authorization of the copyright owner.”
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