LABOR MARKET OVERVIEW - North Carolina · Hooters 30 Onslow 03/20/2020 Layoff Perm. ... LABOR...
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Eastern Carolina Workforce Development Board Regional Labor Market Snapshot Eastern Carolina Region LABOR MARKET OVERVIEW NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | [email protected] -4% -2% 0% 2% 4% 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 Mar-20 March 2020 Unemployment Rates* Eastern Carolina 4.5% 3.4 4.1 4.8 5.8 7.5 13.1 May 2020 Onslow 4.9% Lenoir 4.1% Craven 4.3% Carteret 4.6% Wayne 4.5% Greene 4.0% Pamlico 4.2% Jones 4.1% Duplin 4.3% Trending REGIONAL EMPLOYMENT* 10,888 Fewer People Working in March than previous month 7,909 Fewer People Working than same period one year ago Eastern Carolina Total = 245,912 ONLINE JOB ADS UNEMPLOYMENT* Eastern Carolina Total = 11,577 March 2020 Current Previous Region 4.5% 3.9% NC 4.2% 3.7% US 4.5% 3.8% TAXABLE RETAIL SALES 0.1% Lower than same period one year ago Eastern Carolina Total = $563,011,853 Source: NC Dept. of Revenue Note: February 2020 data most current available at time of release. METRO JOB GROWTH* 700 Fewer Jobs in March than previous month Goldsboro Total = 40,200 1,000 Fewer Jobs in March than previous month Jacksonville Total = 49,800 500 Fewer Jobs in March than previous month New Bern Total = 44,400 *March 2020 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. 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 3,263 Online Advertised Vacancies over past 90 days 81 More Vacancies than same period one year ago Source: LEAD/The Conference Board Workforce Adjustment and Retraining Notification (WARN) Effective March 1, 2020 or Later Company Name Employee County Effective Date Layoff/Closure Lenox Corporation 159 Lenoir 04/29/2020 Closure Perm. Amentum 100 Onslow 05/12/2020 Layoff Perm. Precision Hydraulic Cylinders 48 Duplin 04/09/2020 Layoff Temp. Cheney Brothers 47 Wayne 03/18/2020 Layoff Temp. Hooters 30 Onslow 03/20/2020 Layoff Perm. Alsco 27 Lenoir 03/20/2020 Layoff Temp.
Transcript of LABOR MARKET OVERVIEW - North Carolina · Hooters 30 Onslow 03/20/2020 Layoff Perm. ... LABOR...
Eastern Carolina Workforce Development Board
Regional Labor Market Snapshot
Eastern Carolina Region
L A B O RMARKET OVERVIEW
NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | [email protected]
-4%
-2%
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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
Mar-20
March 2020UnemploymentRates*
Eastern Carolina4.5%
3.4 4.1 4.8 5.8 7.5 13.1
May 2020
Onslow4.9%
Lenoir4.1%
Craven4.3%
Carteret4.6%
Wayne4.5%
Greene4.0%
Pamlico4.2%Jones
4.1%Duplin4.3%
Trending
REGIONAL EMPLOYMENT*
10,888 Fewer People Workingin March than previous month
7,909 Fewer People Workingthan same period one year ago
Eastern Carolina Total = 245,912
ONLINE JOB ADS
UNEMPLOYMENT*
Eastern Carolina Total = 11,577March 2020
Current Previous
Region 4.5% 3.9%
NC 4.2% 3.7%
US 4.5% 3.8%
TAXABLE RETAIL SALES
0.1% Lowerthan same period one year ago
Eastern Carolina Total = $563,011,853
Source: NC Dept. of RevenueNote: February 2020 data most current available at time of release.
METRO JOB GROWTH*
700 Fewer Jobsin March than previous month
Goldsboro Total = 40,200
1,000 Fewer Jobsin March than previous month
Jacksonville Total = 49,800
500 Fewer Jobsin March than previous month
New Bern Total = 44,400
*March 2020 data are preliminary, previous month’s data are revised while all other data have undergone annual revision All data produced in this publicationare generated by LEAD unless otherwise stated.
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
3,263 Online Advertised Vacanciesover past 90 days
81 More Vacanciesthan same period one year agoSource: LEAD/The Conference Board
Workforce Adjustment and Retraining Notification (WARN)Effective March 1, 2020 or Later
Company Name Employee County Effective Date Layoff/Closure
Lenox Corporation 159 Lenoir 04/29/2020 Closure Perm.Amentum 100 Onslow 05/12/2020 Layoff Perm.Precision Hydraulic Cylinders 48 Duplin 04/09/2020 Layoff Temp.Cheney Brothers 47 Wayne 03/18/2020 Layoff Temp.Hooters 30 Onslow 03/20/2020 Layoff Perm.Alsco 27 Lenoir 03/20/2020 Layoff Temp.
Eastern Carolina Workforce Development Board
L A B O RMARKET OVERVIEW
March 2020 February 2020 January 2020 March 2019
Carteret
Labor Force 31,118 31,816 31,300 31,524Employed 29,680 30,490 29,835 30,052Unemployed 1,438 1,326 1,465 1,472Rate 4.6 5.6 4.7 4.7
Craven
Labor Force 40,593 42,227 41,953 42,118Employed 38,841 40,643 40,209 40,311Unemployed 1,752 1,584 1,744 1,807Rate 4.3 3.8 4.2 4.3
Duplin
Labor Force 25,264 26,191 26,004 25,402Employed 24,168 25,201 24,897 24,319Unemployed 1,096 990 1,107 1,083Rate 4.3 3.8 4.3 4.3
Greene
Labor Force 9,396 9,708 9,668 9,677Employed 9,020 9,366 9,299 9,308Unemployed 376 342 369 369Rate 4.0 3.5 3.8 3.8
Jones
Labor Force 4,278 4,481 4,456 4,452Employed 4,102 4,321 4,287 4,265Unemployed 176 160 169 187Rate 4.1 3.6 3.8 4.2
Lenoir
Labor Force 27,424 28,183 28,040 28,104Employed 26,303 27,164 26,899 27,010Unemployed 1,121 1,019 1,141 1,094Rate 4.1 3.6 4.1 3.9
Onslow
Labor Force 63,870 66,639 66,118 65,764Employed 60,750 63,817 63,010 62,592Unemployed 3,120 2,822 3,108 3,172Rate 4.9 4.2 4.7 4.8
Pamlico
Labor Force 5,203 5,412 5,399 5,397Employed 4,986 5,223 5,175 5,181Unemployed 217 189 224 216Rate 4.2 3.5 4.1 4.0
Wayne
Labor Force 50,343 52,632 52,599 53,052Employed 48,062 50,575 50,326 50,783Unemployed 2,281 2,057 2,273 2,269Rate 4.5 3.9 4.3 4.3
Civilian Labor Force Estimates*
March 2020 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..
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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