Labor Market Overview October 2017

Page 1

LABOR

MARKET OVERVIEW October 2017

Greensboro/High Point/Guilford Workforce Development Board

Regional Labor Market Snapshot 5-Year Percent Change in Number Employed*

Trending

12%

UNEMPLOYMENT* August 2017 Guilford Total = 12,399

8%

4%

Guilford Region Aug-17

Apr-17

Dec-16

Aug-16

Apr-16

Dec-15

Aug-15

Apr-15

Dec-14

Aug-14

Apr-14

Dec-13

Aug-13

Dec-12

Aug-12

Apr-13

0%

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

Current

Previous

Region

4.8%

4.8%

NC

4.5%

4.5%

US

4.5%

4.6%

REGIONAL EMPLOYMENT*

August 2017 Unemployment Rates*

Guilford Total = 246,850 675 Fewer People Working in August than previous month 3,241 More People Working than same period one year ago

METRO JOB GROWTH*

Guilford 4.8% 3.4

4.2

4.7

5.4

6.5

Greensboro-High Point Total = 362,300 7,400 More Jobs in August than previous month 5,000 More Jobs than same period one year ago

7.7

Community Investment Report Top Announced Projects 2nd Quarter 2017 County

• • •

Company

Announced Jobs

TAXABLE RETAIL SALES

Guilford

Precision Design Machinery

40

Guilford Total = $660,289,414

Guilford

Coca-Cola Bottling Co. Consolidated

20

Guilford

Cambrex Corp.

2% Lower than same period one year ago

5

Who’s Hiring

What Jobs

past 90 days from Sept. 26, 2017

past 90 days from Sept. 26, 2017

Guilford County Schools

428

Moses Cone Health System

362

University of North Carolina System

274

Source: The Conference Board Help Wanted Online

• • •

Source: NC Dept. of Revenue Note: August 2017 data most current available at time of release.

Heavy & Tractor-Trailer Truck Drivers

940

ONLINE JOB ADS

Registered Nurses

636

Retail Salespersons

299

13,833 Online Advertised Vacancies over past 90 days

Source: The Conference Board Help Wanted Online

*August 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.

1,737 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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