LABOR MARKET OVERVIEW - North Carolina€¦ · MARKET OVERVIEW April 2020 March 2020 February 2020...

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Northeastern Workforce Development Board Regional Labor Market Snapshot Northeastern Region LABOR MARKET OVERVIEW NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | [email protected] -12% -8% -4% 0% 4% 8% 12% Apr-15 Aug-15 Dec-15 Apr-16 Aug-16 Dec-16 Apr-17 Aug-17 Dec-17 Apr-18 Aug-18 Dec-18 Apr-19 Aug-19 Dec-19 Apr-20 April 2020 Unemployment Rates* Northeastern 14.5% 6.4 9.0 13.6 17.5 24.5 11.3 June 2020 Dare 24.5% Currituck 13.4% Tyrrell 14.6% Hyde 14.8% Chowan 7.9% Gates 7.2% Washington 10.0% Camden 8.6% Pasquotank 11.3% Perquimans 10.0% Trending REGIONAL EMPLOYMENT* 5,252 Fewer People Working in April than previous month 9,224 Fewer People Working than same period one year ago Northeastern Total = 66,070 UNEMPLOYMENT* Northeastern Total = 11,166 April 2020 Current Previous Region 14.5% 5.8% NC 12.5% 4.3% US 14.4% 4.5% TAXABLE RETAIL SALES 9.5% Higher than same period one year ago Northeastern Total = $163,505,448 Source: NC Dept. of Revenue Note: March 2020 data most current available at time of release. METRO JOB GROWTH* 9,300 Fewer Jobs in April than previous month Greenville Total = 72,100 3,300 Fewer Jobs in April than previous month New Bern Total = 41,500 ONLINE JOB ADS *April 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. Change in Employment since 2015* Source: LAUS, Labor & Economic Analysis, NC Dept. of Commerce 1,029 Online Advertised Vacancies reported in March 202 Fewer Vacancies than same period one year ago Source: LEAD/The Conference Board Note: March 2020 data most current available at time of release. Who’s Hiring What Jobs past 90 days from May 11, 2020 past 90 days from May 11, 2020 First-Line Supervisors, Food Prep. 81 Combined Food Prep. & Serving Workers 66 Retail Salespersons 66 Cashiers 65 First-Line Supervisors, Retail 41 Registered Nurses 28 General & Operations Managers 27 Teachers & Instructors, All Other 27 Food Lion 96 Currituck Schools 65 McDonald’s Corporation 51 Ace Hardware Corporation 32 DARE Schools 32 Constellis 31 Harris Teeter Inc. 30 Vidant Health 30 Source: DWS, NC Dept. of Commerce, NCWorks.gov Source: DWS, NC Dept. of Commerce, NCWorks.gov

Transcript of LABOR MARKET OVERVIEW - North Carolina€¦ · MARKET OVERVIEW April 2020 March 2020 February 2020...

Page 1: LABOR MARKET OVERVIEW - North Carolina€¦ · MARKET OVERVIEW April 2020 March 2020 February 2020 April 2019 Camden Labor Force 4,502 4,574 4,660 4,668 Employed 4,114 4,380 4,491

Northeastern Workforce Development Board

Regional Labor Market Snapshot

Northeastern Region

L A B O RMARKET OVERVIEW

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

-12%

-8%

-4%

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12%

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Aug-17

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April 2020UnemploymentRates*

Northeastern14.5%

6.4 9.0 13.6 17.5 24.511.3

June 2020

Dare24.5%

Currituck13.4%

Tyrrell14.6%

Hyde14.8%

Chowan7.9%

Gates7.2%

Washington10.0%

Camden8.6%

Pasquotank11.3%

Perquimans10.0%

Trending

REGIONAL EMPLOYMENT*

5,252 Fewer People Workingin April than previous month

9,224 Fewer People Workingthan same period one year ago

Northeastern Total = 66,070

UNEMPLOYMENT*

Northeastern Total = 11,166April 2020

Current Previous

Region 14.5% 5.8%

NC 12.5% 4.3%

US 14.4% 4.5%

TAXABLE RETAIL SALES

9.5% Higherthan same period one year ago

Northeastern Total = $163,505,448

Source: NC Dept. of RevenueNote: March 2020 data most current available at time of release.

METRO JOB GROWTH*

9,300 Fewer Jobsin April than previous month

Greenville Total = 72,100

3,300 Fewer Jobsin April than previous month

New Bern Total = 41,500

ONLINE JOB ADS

*April 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.

Change in Employment since 2015*

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

1,029 Online Advertised Vacanciesreported in March

202 Fewer Vacanciesthan same period one year agoSource: LEAD/The Conference BoardNote: March 2020 data most current available at time of release.

Who’s Hiring What Jobspast 90 days from May 11, 2020 past 90 days from May 11, 2020

• First-Line Supervisors, Food Prep. 81

• Combined Food Prep. & Serving Workers 66

• Retail Salespersons 66

• Cashiers 65

• First-Line Supervisors, Retail 41

• Registered Nurses 28

• General & Operations Managers 27

• Teachers & Instructors, All Other 27

• Food Lion 96

• Currituck Schools 65

• McDonald’s Corporation 51

• Ace Hardware Corporation 32

• DARE Schools 32

• Constellis 31

• Harris Teeter Inc. 30

• Vidant Health 30

Source: DWS, NC Dept. of Commerce, NCWorks.gov Source: DWS, NC Dept. of Commerce, NCWorks.gov

Page 2: LABOR MARKET OVERVIEW - North Carolina€¦ · MARKET OVERVIEW April 2020 March 2020 February 2020 April 2019 Camden Labor Force 4,502 4,574 4,660 4,668 Employed 4,114 4,380 4,491

Northeastern Workforce Development Board

L A B O RMARKET OVERVIEW

April 2020 March 2020 February 2020 April 2019

Camden

Labor Force 4,502 4,574 4,660 4,668Employed 4,114 4,380 4,491 4,505Unemployed 388 194 169 163Rate 8.6 4.2 3.6 3.5

Chowan

Labor Force 5,442 5,477 5,599 5,534Employed 5,014 5,224 5,356 5,282Unemployed 428 253 243 252Rate 7.9 4.6 4.3 4.6

Currituck

Labor Force 13,593 13,770 14,149 14,014Employed 11,773 13,192 13,598 13,548Unemployed 1,820 578 551 466Rate 13.4 4.2 3.9 3.3

Dare

Labor Force 20,221 17,684 17,924 19,505Employed 15,272 16,346 16,526 18,618Unemployed 4,949 1,338 1,398 887Rate 24.5 7.6 7.8 4.5

Gates

Labor Force 4,809 5,237 5,357 5,335Employed 4,461 4,994 5,146 5,134Unemployed 348 243 211 201Rate 7.2 4.6 3.9 3.8

Hyde

Labor Force 1,803 1,844 1,814 1,957Employed 1,537 1,614 1,573 1,798Unemployed 266 230 241 159Rate 14.8 12.5 13.3 8.1

Pasquotank

Labor Force 16,596 16,489 16,778 16,759Employed 14,720 15,655 16,015 16,081Unemployed 1,876 834 763 678Rate 11.3 5.1 4.5 4.0

Perquimans

Labor Force 4,810 4,890 5,013 4,989Employed 4,327 4,620 4,777 4,757Unemployed 483 270 236 232Rate 10.0 5.5 4.7 4.7

Tyrrell

Labor Force 1,327 1,315 1,335 1,467Employed 1,133 1,214 1,238 1,375Unemployed 194 101 97 92Rate 14.6 7.7 7.3 6.3

Washington

Labor Force 4,133 4,400 4,448 4,446Employed 3,719 4,083 4,153 4,196Unemployed 414 317 295 250Rate 10.0 7.2 6.6 5.6

Civilian Labor Force Estimates*

April 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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