Regional LMI Data April 2016

Page 1

LABOR

MARKET OVERVIEW April 2016

Greensboro/High Point/Guilford Workforce Development Board

Regional Labor Market Snapshot 5-Year Percent Change in Employment*

Trending

10%

UNEMPLOYMENT*

8%

February 2016 Guilford Total = 14,890

6%

Previous

Feb-16

Oct-15

Jun-15

Feb-15

5.3%

Oct-14

5.2%

Jun-14

US

Oct-13

0% Feb-14

5.7%

Jun-13

5.7%

Feb-13

NC Oct-12

2%

Jun-12

5.7%

Feb-12

5.7%

Oct-11

Region

Jun-11

4%

Feb-11

Guilford Region

Current

REGIONAL EMPLOYMENT*

February 2016 Unemployment Rates*

Guilford Total = 244,105 2,363 More People Working in February than previous month 4,793 More People Working than same period one year ago

METRO JOB GROWTH* Greensboro-High Point Total = 355,200 500 More Jobs in February than previous month 4,800 More Jobs than same period one year ago

Guilford 5.7% 4.4

5.7

6.9

8.4

10.5

15.3

Community Investment Report Top Announced Projects 4th Quarter 2015 County

Company

TAXABLE RETAIL SALES Announced Jobs

Guilford Total = $644,604,479 11% Lower than same period one year ago

Guilford

AT&T

300

Guilford

Gabes

170

Guilford

Graphik Dimensions

150

Guilford

HAECO Cabin Solutions

127

Guilford

Packrite

100

Guilford

Creative Snacks

100

Guilford

Qorvo

100

Guilford

Environmental Air Systems

60

*February 2016 data are preliminary, while all other data have undergone annual revision. All data produced in this publication are generated by LEAD unless otherwise stated.

Source: NC Dept. of Revenue Note: February 2016 data most current available at time of release.

ONLINE JOB ADS 14,897 Online Advertised Vacancies over past 90 days 5,651 Fewer Vacancies than same period one year ago Source: The Conference Board Help Wanted Online

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.

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


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