LABOR MARKET OVERVIEW · 2020-02-05 · Lumber River Workforce Development Board LABOR MARKET...

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*December 2019 data are preliminary, previous month’s data are revised while all other data have undergone annual revision All data produced in this publica- tion are generated by LEAD unless otherwise stated. Lumber River Workforce Development Board Regional Labor Market Snapshot December 2019 Unemployment Rates* Lumber River Region LABOR MARKET OVERVIEW NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | [email protected] -2% 0% 2% 4% Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Lumber River 4.7% 2.5 3.2 3.9 4.8 5.8 9.7 February 2020 Bladen 4.2% Robeson 4.7% Hoke 4.4% Scotland 5.8% Richmond 4.8% Employment & Wages by Supersector 2nd Quarter 2019 Establishments Avg. Employment Avg. Weekly Wage Natural Resources & Mining 224 1,757 $679.13 Construction 368 2,827 $834.84 Manufacturing 188 20,431 $763.16 Trade, Transportation, & Utilities 1,271 13,950 $611.74 Information 36 311 $876.55 Financial Activities 361 1,963 $755.56 Professional & Business Services 517 6,496 $545.02 Education & Health Services 772 24,044 $766.42 Leisure & Hospitality Services 422 7,663 $265.46 Other Services 355 1,102 $514.73 Public Administration 116 6,916 $783.94 Trending REGIONAL EMPLOYMENT* 195 More People Working in December than previous month 3,901 More People Working than same period one year ago Lumber River Total = 109,007 ONLINE JOB ADS UNEMPLOYMENT* Lumber River Total = 5,393 December 2019 Current Previous Region 4.7% 4.8% NC 3.3% 3.4% US 3.4% 3.3% TAXABLE RETAIL SALES 1.4% Lower than same period one year ago Lumber River Total = $185,248,510 Source: NC Dept. of Revenue Note: November 2019 data most current available at time of release. 200 More Jobs in December than previous month Fayetteville Total = 133,700 METRO JOB GROWTH* 900 More Jobs than same period one year ago 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. 5-Year Percent Change in Number Employed* Source: LAUS, Labor & Economic Analysis, NC Dept. of Commerce 1,431 Online Advertised Vacancies over past 90 days 152 More Vacancies than same period one year ago Source: LEAD/The Conference Board

Transcript of LABOR MARKET OVERVIEW · 2020-02-05 · Lumber River Workforce Development Board LABOR MARKET...

Page 1: LABOR MARKET OVERVIEW · 2020-02-05 · Lumber River Workforce Development Board LABOR MARKET OVERVIEW December 2019 November 2019 October 2019 December 2018 Bladen Labor Force 14,896

*December 2019 data are preliminary, previous month’s data are revised while all other data have undergone annual revision All data produced in this publica-tion are generated by LEAD unless otherwise stated.

Lumber River Workforce Development Board

Regional Labor Market Snapshot

December 2019UnemploymentRates*

Lumber River Region

L A B O RMARKET OVERVIEW

NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | [email protected]

-2%

0%

2%

4%

Dec-15

Mar-16

Jun-16

Sep-16

Dec-16

Mar-17

Jun-17

Sep-17

Dec-17

Mar-18

Jun-18

Sep-18

Dec-18

Mar-19

Jun-19

Sep-19

Dec-19

Lumber River4.7%

2.5 3.2 3.9 4.8 5.8 9.7

February 2020

Bladen4.2%

Robeson4.7%

Hoke4.4%

Scotland5.8%

Richmond4.8%

Employment & Wages by Supersector2nd Quarter 2019

Establishments Avg. Employment Avg. Weekly Wage

Natural Resources & Mining 224 1,757 $679.13

Construction 368 2,827 $834.84

Manufacturing 188 20,431 $763.16

Trade, Transportation, & Utilities 1,271 13,950 $611.74

Information 36 311 $876.55

Financial Activities 361 1,963 $755.56

Professional & Business Services 517 6,496 $545.02

Education & Health Services 772 24,044 $766.42

Leisure & Hospitality Services 422 7,663 $265.46

Other Services 355 1,102 $514.73

Public Administration 116 6,916 $783.94

Trending

REGIONAL EMPLOYMENT*

195 More People Workingin December than previous month

3,901 More People Workingthan same period one year ago

Lumber River Total = 109,007

ONLINE JOB ADS

UNEMPLOYMENT*

Lumber River Total = 5,393December 2019

Current Previous

Region 4.7% 4.8%

NC 3.3% 3.4%

US 3.4% 3.3%

TAXABLE RETAIL SALES

1.4% Lowerthan same period one year ago

Lumber River Total = $185,248,510

Source: NC Dept. of RevenueNote: November 2019 data most current available at time of release.

200 More Jobsin December than previous month

Fayetteville Total = 133,700METRO JOB GROWTH*

900 More Jobsthan same period one year ago

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.

5-YearPercent Change in Number Employed*

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

1,431 Online Advertised Vacanciesover past 90 days

152 More Vacanciesthan same period one year agoSource: LEAD/The Conference Board

Page 2: LABOR MARKET OVERVIEW · 2020-02-05 · Lumber River Workforce Development Board LABOR MARKET OVERVIEW December 2019 November 2019 October 2019 December 2018 Bladen Labor Force 14,896

Lumber River Workforce Development Board

L A B O RMARKET OVERVIEW

December 2019 November 2019 October 2019 December 2018

Bladen

Labor Force 14,896 14,690 14,599 14,325

Employed 14,270 14,063 13,926 13,613

Unemployed 626 627 673 712

Rate 4.2 4.3 4.6 5.0

Hoke

Labor Force 20,183 20,244 20,304 20,006

Employed 19,295 19,342 19,332 19,024

Unemployed 888 902 972 982

Rate 4.4 4.5 4.8 4.9

Richmond

Labor Force 16,690 16,765 16,816 16,388

Employed 15,889 15,943 15,935 15,537

Unemployed 801 822 881 851

Rate 4.8 4.9 5.2 5.2

Robeson

Labor Force 50,943 50,913 50,918 49,136

Employed 48,544 48,437 48,310 46,444

Unemployed 2,399 2,476 2,608 2,692

Rate 4.7 4.9 5.1 5.5

Scotland

Labor Force 11,688 11,740 11,736 11,259

Employed 11,009 11,027 10,980 10,488

Unemployed 679 713 756 771

Rate 5.8 6.1 6.4 6.8

Civilian Labor Force Estimates*

December 2019 data are preliminary, previous month’s data are revised while all other data have undergone annual revision

NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | [email protected]

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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