LABOR
MARKET OVERVIEW July 2017
Greensboro/High Point/Guilford Workforce Development Board
Regional Labor Market Snapshot 5-Year Percent Change in Number Employed*
Trending
10%
UNEMPLOYMENT*
8%
May 2017 Guilford Total = 12,002
6%
Current
Previous
Region
4.6%
4.5%
0%
NC
4.3%
4.2%
-2%
US
4.1%
4.1%
4%
May-17
Jan-17
Sep-16
May-16
Jan-16
Sep-15
May-15
Jan-15
Sep-14
May-14
Jan-14
Sep-13
May-13
May-12
Source: LAUS, Labor & Economic Analysis, NC Dept. of Commerce
Jan-13
Guilford Region
Sep-12
2%
REGIONAL EMPLOYMENT*
May 2017 Unemployment Rates*
Guilford Total = 248,209 194 Fewer People Working in May than previous month 2,884 More People Working than same period one year ago
METRO JOB GROWTH*
Guilford 4.6% 3.3
4.1
4.8
5.6
6.5
Greensboro-High Point Total = 363,300 1,400 More Jobs in May than previous month 4,500 More Jobs than same period one year ago
7.8
Employment & Wages by Supersector 4th Quarter 2016 Establishments Natural Resources & Mining Construction Manufacturing Trade, Transportation, & Utilities Information Financial Activities Professional & Business Services
54
Avg. Employment
Avg. Weekly Wage
346
$741.35
1,156
10,915
$1,085.45
700
34,358
$1,216.69
3,536
65,186
$824.12
188
4,421
$1,105.44
1,616
15,998
$1,264.20
2,840
45,705
$936.25
Education & Health Services
1,610
60,313
$916.40
Leisure & Hospitality Services
1,339
28,689
$332.03
Other Services
1,179
7,054
$653.04
61
10,725
$910.48
Public Administration
*May 2017 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.
TAXABLE RETAIL SALES Guilford Total = $677,952,809 12% Higher than same period one year ago Source: NC Dept. of Revenue Note: May 2017 data most current available at time of release.
ONLINE JOB ADS 14,939 Online Advertised Vacancies over past 90 days 809 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