LABOR
MARKET OVERVIEW March 2016
Greensboro/High Point/Guilford Workforce Development Board
Regional Labor Market Snapshot 5-Year Percent Change in Employment*
Trending
10%
UNEMPLOYMENT*
8%
January 2016 Guilford Total = 13,586
6%
Previous
Jan-16
Sep-15
May-15
Jan-15
4.8%
Sep-14
4.8%
May-14
US
Jan-14
0% Sep-13
5.4%
May-13
5.3%
Jan-13
NC Sep-12
2%
May-12
5.5%
Jan-12
5.3%
Sep-11
Region
May-11
4%
Jan-11
Guilford Region
Current
REGIONAL EMPLOYMENT*
January 2016 Unemployment Rates*
Guilford Total = 245,107 651 Fewer People Working in January than previous month 10,317 More People Working than same period one year ago
METRO JOB GROWTH*
Guilford 5.3% 4.5
5.3
6.2
7.6
10.6
Greensboro-High Point Total = 367,100 800 More Jobs in January than previous month 10,200 More Jobs than same period one year ago
15.5
Employment & Wages by Supersector 3rd Quarter 2015 Establishments Natural Resources & Mining
Avg. Employment
Avg. Weekly Wage
55
358
$658.72
1,107
10,454
$915.25
706
33,410
$1,157.44
3,634
63,713
$796.57
174
4,623
$1,132.85
Financial Activities
1,564
15,866
$1,146.88
Professional & Business Services
2,819
45,291
$907.47
Education & Health Services
1,601
54,971
$882.35
Leisure & Hospitality Services
1,379
28,147
$313.81
Other Services
1,217
7,003
$622.96
61
10,354
$921.83
Construction Manufacturing Trade, Transportation, & Utilities Information
Public Administration
*January 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.
TAXABLE RETAIL SALES Guilford Total = $553,950,890 4% Higher than same period one year ago Source: NC Dept. of Revenue Note: December 2015 data most current available at time of release.
ONLINE JOB ADS 15,243 Online Advertised Vacancies over past 90 days 3,688 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