Piedmont Triad Regional Workforce Development Board

Regional Labor Market Snapshot

Piedmont TriadRegion

L A B O RMARKET OVERVIEW

NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | lead@nccommerce.com

-16%

-12%

-8%

-4%

0%

4%

8%

May-15

Sep-15

Jan-16

May-16

Sep-16

Jan-17

May-17

Sep-17

Jan-18

May-18

Sep-18

Jan-19

May-19

Sep-19

Jan-20

May-20

May 2020UnemploymentRates*

Northwest Piedmont13.0%

8.1 9.8 13.8 16.4 19.711.8

July 2020

Rockingham14.5%

Yadkin14.1%

Davie13.2%

Surry11.3%

Stokes11.4%

Forsyth13.1%

Caswell13.3%

Trending

REgIOnAl EMPlOyMEnT*

7,936 More People Workingin May than previous month

48,523 Fewer People Workingthan same period one year ago

Piedmont Triad Regional Total = 274,547

OnlInE JOB ADs

UnEMPlOyMEnT*

Piedmont Triad Regional Total = 41,193May 2020

Current Previous

Region 13.0% 12.9%

nC 12.7% 12.5%

Us 13.0% 14.4%

METRO JOB gROWTh*

8,400 More Jobsin May than previous month

Greensboro-High Point Total = 313,000

3,300 More Jobsin May than previous month

Winston-Salem Total = 236,700

TAxABlE RETAIl sAlEs

5.1% lowerthan same period one year agoSource: NC Dept. of RevenueNote: April 2020 data most current available at time of release.

Piedmont Triad Regional Total = $705,407,608

*May 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. LEAD generated data are not seasonally adjusted.

This workforce product was funded by a grant awarded by the U.S. Department of Labor’s Employment and Training Administration.

Change in Employment since 2015*

Source: LAUS, Labor & Economic Analysis, NC Dept. of Commerce

9,975 Online Advertised Vacanciesreported in April

9,906 Fewer Vacanciesthan same period one year agoSource: LEAD/The Conference BoardNote: April 2020 data most current available at time of release.

Who’s hiring What Jobspast 90 days from June 20, 2020 past 90 days from June 20, 2020

• Registered Nurses 324

• Combined Food Prep. & Serving Workers 315

• First-Line Supervisors, Food Prep. 301

• Retail Salespersons 269

• Cashiers 147

• Customer Service Representatives 145

• Managers, All Other 135

• Nursing Assistants 124

• Novant Health, Inc. 322

• Winston-Salem/Forsyth County Schools 241

• Food Lion 144

• Rockingham County Schools 141

• Carrols Corporation 126

• Lowe’s Companies, Inc 117

• NPC International, Inc. 89

• BAYADA Home Health Care, Inc. 81

Source: DWS, NC Dept. of Commerce, NCWorks.gov Source: DWS, NC Dept. of Commerce, NCWorks.gov

Piedmont Triad Regional Workforce Development Board

L A B O RMARKET OVERVIEW

May 2020 April 2020 March 2020 May 2019

Caswell

Labor Force 9,607 9,459 9,790 9,931

Employed 8,326 8,125 9,292 9,479

Unemployed 1,281 1,334 498 452

Rate 13.3 14.1 5.1 4.6

Davie

Labor Force 19,652 19,061 20,343 20,911

Employed 17,051 16,558 19,571 20,201

Unemployed 2,601 2,503 772 710

Rate 13.2 13.1 3.8 3.4

Forsyth

Labor Force 177,803 170,784 184,933 189,926

Employed 154,477 149,876 177,364 182,800

Unemployed 23,326 20,908 7,569 7,126

Rate 13.1 12.2 4.1 3.8

Rockingham

Labor Force 37,838 36,816 39,546 40,689

Employed 32,370 31,123 37,619 38,909

Unemployed 5,468 5,693 1,927 1,780

Rate 14.5 15.5 4.9 4.4

stokes

Labor Force 20,172 19,455 21,377 21,939

Employed 17,864 17,347 20,501 21,153

Unemployed 2,308 2,108 876 786

Rate 11.4 10.8 4.1 3.6

surry

Labor Force 33,620 33,618 33,133 34,403

Employed 29,816 29,349 31,711 33,155

Unemployed 3,804 4,269 1,422 1,248

Rate 11.3 12.7 4.3 3.6

yadkin

Labor Force 17,048 16,796 17,488 17,998

Employed 14,643 14,233 16,802 17,373

Unemployed 2,405 2,563 686 625

Rate 14.1 15.3 3.9 3.5

Civilian labor Force Estimates*

*May 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. LEAD generated data are not seasonally adjusted.

NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | lead@nccommerce.com

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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