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Employment & Wages by Supersector
3rd Quarter 2017
Centralina Workforce Development Board
Regional Labor Market Snapshot
Centralina
Region
L ABOR
MARKET OVERVIEW
NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | lead@nccommerce.com
0%
5%
10%
15%
20%
Feb-13
Jun-13
Oct-13
Feb-14
Jun-14
Oct-14
Feb-15
Jun-15
Oct-15
Feb-16
Jun-16
Oct-16
Feb-17
Jun-17
Oct-17
Feb-18
February 2018
Unemployment
Rates*
Centralina
4.2%
3.5 4.4 5.5 7.5 10.5 14.9
April 2018
Anson
5.2%
Iredell
4.2%
Lincoln
3.9%
Union
4.0%
Rowan
4.6%
Cabarrus
4.1% Stanly
4.1%
Establishments Avg. Employment Avg. Weekly Wage
Natural Resources & Mining 245 2,591 $779.52
Construction 2,700 21,413 $964.63
Manufacturing 1,165 46,240 $970.57
Trade, Transportation, & Utilities 5,222 69,312 $674.77
Information 269 2,256 $1,024.53
Financial Activities 1,936 7,317 $936.99
Professional & Business Services 4,026 35,775 $1,170.19
Education & Health Services 2,271 58,983 $836.64
Leisure & Hospitality Services 1,941 39,307 $406.78
Other Services 1,845 7,499 $587.14
Public Administration 183 15,330 $796.00
Trending
REGIONAL EMPLOYMENT*
2,965 More People Working
in February than previous month
10,315 More People Working
than same period one year ago
Centralina Total = 445,515
ONLINE JOB ADS
12,477 Online Advertised Vacancies
over past 90 days
1,641 Fewer Vacancies
than same period one year ago
Source: The Conference Board Help Wanted Online
UNEMPLOYMENT*
Centralina Total = 19,380
February 2018
Current Previous
Region 4.2% 4.3%
NC 4.6% 4.7%
US 4.4% 4.5%
TAXABLE RETAIL SALES
1.9% Higher
than same period one year ago
Centralina Total = $1,041,421,586
Source: NC Dept. of Revenue
Note: February 2018 data most current
available at time of release.
4,500 More Jobs
in February than previous month
Charlotte Total = 1,190,100
METRO JOB GROWTH*
31,000 More Jobs
than same period one year ago
*February 2018 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 40,638.
5-Year
Percent Change
in Number
Employed*
Source: LAUS, Labor & Economic Analysis,
NC Dept. of Commerce
Centralina Workforce Development Board
LABOR
MARKET OVERVIEW
February 2018
January 2018
December 2017
February 2017
Anson
Labor Force
10,520
10,371
10,312
10,691
Employed
9,975
9,826
9,802
10,049
Unemployed
545
545
510
642
Rate
5.2
5.3
4.9
6.0
Cabarrus
Labor Force
105,622
105,185
103,094
102,727
Employed
101,298
100,777
98,978
98,059
Unemployed
4,324
4,408
4,116
4,668
Rate
4.1
4.2
4.0
4.5
Iredell
Labor Force
88,179
87,818
86,595
86,283
Employed
84,459
83,974
83,005
82,265
Unemployed
3,720
3,844
3,590
4,018
Rate
4.2
4.4
4.1
4.7
Lincoln
Labor Force
42,780
42,556
42,664
42,556
Employed
41,099
40,801
40,979
40,638
Unemployed
1,681
1,755
1,685
1,918
Rate
3.9
4.1
3.9
4.5
Rowan
Labor Force
66,733
66,359
66,233
66,175
Employed
63,657
63,224
63,252
62,722
Unemployed
3,076
3,135
2,981
3,453
Rate
4.6
4.7
4.5
5.2
Stanly
Labor Force
30,108
29,908
29,668
29,710
Employed
28,873
28,645
28,423
28,351
Unemployed
1,235
1,263
1,245
1,359
Rate
4.1
4.2
4.2
4.6
Union
Labor Force
120,953
120,072
118,568
118,242
Employed
116,154
115,303
114,025
113,116
Unemployed
4,799
4,769
4,543
5,126
Rate
4.0
4.0
3.8
4.3
Civilian Labor Force Estimates*
February 2018 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 | lead@nccommerce.com
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.
View other products from
Object Description
Description
| Title | Labor market information update |
| Other Title | Centralina Workforce Development Board; Labor market overview |
| Date | 2018-04 |
| Description | April 2018 |
| Digital Characteristics-A | 1.16 MB; 2 p. |
| Digital Format | application/pdf |
| Pres File Name-M | pubs_serial_275164900_labor201804 |
| Full Text | Employment & Wages by Supersector 3rd Quarter 2017 Centralina Workforce Development Board Regional Labor Market Snapshot Centralina Region L ABOR MARKET OVERVIEW NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | lead@nccommerce.com 0% 5% 10% 15% 20% Feb-13 Jun-13 Oct-13 Feb-14 Jun-14 Oct-14 Feb-15 Jun-15 Oct-15 Feb-16 Jun-16 Oct-16 Feb-17 Jun-17 Oct-17 Feb-18 February 2018 Unemployment Rates* Centralina 4.2% 3.5 4.4 5.5 7.5 10.5 14.9 April 2018 Anson 5.2% Iredell 4.2% Lincoln 3.9% Union 4.0% Rowan 4.6% Cabarrus 4.1% Stanly 4.1% Establishments Avg. Employment Avg. Weekly Wage Natural Resources & Mining 245 2,591 $779.52 Construction 2,700 21,413 $964.63 Manufacturing 1,165 46,240 $970.57 Trade, Transportation, & Utilities 5,222 69,312 $674.77 Information 269 2,256 $1,024.53 Financial Activities 1,936 7,317 $936.99 Professional & Business Services 4,026 35,775 $1,170.19 Education & Health Services 2,271 58,983 $836.64 Leisure & Hospitality Services 1,941 39,307 $406.78 Other Services 1,845 7,499 $587.14 Public Administration 183 15,330 $796.00 Trending REGIONAL EMPLOYMENT* 2,965 More People Working in February than previous month 10,315 More People Working than same period one year ago Centralina Total = 445,515 ONLINE JOB ADS 12,477 Online Advertised Vacancies over past 90 days 1,641 Fewer Vacancies than same period one year ago Source: The Conference Board Help Wanted Online UNEMPLOYMENT* Centralina Total = 19,380 February 2018 Current Previous Region 4.2% 4.3% NC 4.6% 4.7% US 4.4% 4.5% TAXABLE RETAIL SALES 1.9% Higher than same period one year ago Centralina Total = $1,041,421,586 Source: NC Dept. of Revenue Note: February 2018 data most current available at time of release. 4,500 More Jobs in February than previous month Charlotte Total = 1,190,100 METRO JOB GROWTH* 31,000 More Jobs than same period one year ago *February 2018 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 40,638. 5-Year Percent Change in Number Employed* Source: LAUS, Labor & Economic Analysis, NC Dept. of Commerce Centralina Workforce Development Board LABOR MARKET OVERVIEW February 2018 January 2018 December 2017 February 2017 Anson Labor Force 10,520 10,371 10,312 10,691 Employed 9,975 9,826 9,802 10,049 Unemployed 545 545 510 642 Rate 5.2 5.3 4.9 6.0 Cabarrus Labor Force 105,622 105,185 103,094 102,727 Employed 101,298 100,777 98,978 98,059 Unemployed 4,324 4,408 4,116 4,668 Rate 4.1 4.2 4.0 4.5 Iredell Labor Force 88,179 87,818 86,595 86,283 Employed 84,459 83,974 83,005 82,265 Unemployed 3,720 3,844 3,590 4,018 Rate 4.2 4.4 4.1 4.7 Lincoln Labor Force 42,780 42,556 42,664 42,556 Employed 41,099 40,801 40,979 40,638 Unemployed 1,681 1,755 1,685 1,918 Rate 3.9 4.1 3.9 4.5 Rowan Labor Force 66,733 66,359 66,233 66,175 Employed 63,657 63,224 63,252 62,722 Unemployed 3,076 3,135 2,981 3,453 Rate 4.6 4.7 4.5 5.2 Stanly Labor Force 30,108 29,908 29,668 29,710 Employed 28,873 28,645 28,423 28,351 Unemployed 1,235 1,263 1,245 1,359 Rate 4.1 4.2 4.2 4.6 Union Labor Force 120,953 120,072 118,568 118,242 Employed 116,154 115,303 114,025 113,116 Unemployed 4,799 4,769 4,543 5,126 Rate 4.0 4.0 3.8 4.3 Civilian Labor Force Estimates* February 2018 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 | lead@nccommerce.com 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. View other products from |
| OCLC number | 275164900 |
