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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
-5%
0%
5%
10%
15%
20%
Jul-12
Nov-12
Mar-13
Jul-13
Nov-13
Mar-14
Jul-14
Nov-14
Mar-15
Jul-15
Nov-15
Mar-16
Jul-16
Nov-16
Mar-17
Jul-17
July 2017
Unemployment
Rates*
Centralina
4.1%
3.4 4.2 4.8 5.5 6.2 7.6
September 2017
Anson
5.3%
Iredell
4.2%
Lincoln
3.9%
Union
4.0%
Rowan
4.5%
Cabarrus
4.1% Stanly
4.2%
Employment & Wages by Supersector
1st Quarter 2017
Establishments Avg. Employment Avg. Weekly Wage
Natural Resources & Mining 250 2,616 $755.59
Construction 2,643 20,154 $920.80
Manufacturing 1,159 45,080 $993.10
Trade, Transportation, & Utilities 5,213 67,729 $689.19
Information 263 2,267 $1,056.10
Financial Activities 1,921 7,219 $1,049.15
Professional & Business Services 3,917 34,455 $1,320.49
Education & Health Services 2,234 64,473 $821.89
Leisure & Hospitality Services 1,915 37,080 $425.54
Other Services 1,813 7,532 $563.09
Public Administration 182 14,910 $789.48
Trending
REGIONAL EMPLOYMENT*
1,908 More People Working
in July than previous month
10,858 More People Working
than same period one year ago
Centralina Total = 440,314
ONLINE JOB ADS
14,361 Online Advertised Vacancies
over past 90 days
868 More Vacancies
than same period one year ago
Source: The Conference Board Help Wanted Online
UNEMPLOYMENT*
Centralina Total = 19,040
July 2017
Current Previous
Region 4.1% 3.9%
NC 4.5% 4.2%
US 4.6% 4.5%
TAXABLE RETAIL SALES
6% Higher
than same period one year ago
Centralina Total = $898,743,006
Source: NC Dept. of Revenue
Note: July 2017 data most current
available at time of release.
19,800 Fewer Jobs
in July than previous month
Charlotte Total = 1,162,900
METRO JOB GROWTH*
28,000 More Jobs
than same period one year ago
*July 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.
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
Centralina Workforce Development Board
LABOR
MARKET OVERVIEW
July 2017
June 2017
May 2017
July 2016
Anson
Labor Force
10,386
10,429
10,594
10,557
Employed
9,837
9,903
10,044
9,914
Unemployed
549
526
550
643
Rate
5.3
5.0
5.2
6.1
Cabarrus
Labor Force
103,566
102,883
103,343
101,398
Employed
99,335
98,918
99,254
96,600
Unemployed
4,231
3,965
4,089
4,798
Rate
4.1
3.9
4.0
4.7
Iredell
Labor Force
86,960
86,320
86,656
85,330
Employed
83,347
82,952
83,224
81,098
Unemployed
3,613
3,368
3,432
4,232
Rate
4.2
3.9
4.0
5.0
Lincoln
Labor Force
42,855
42,533
42,661
42,126
Employed
41,196
40,964
41,055
40,138
Unemployed
1,659
1,569
1,606
1,988
Rate
3.9
3.7
3.8
4.7
Rowan
Labor Force
66,567
66,027
66,310
65,782
Employed
63,570
63,214
63,395
61,913
Unemployed
2,997
2,813
2,915
3,869
Rate
4.5
4.3
4.4
5.9
Stanly
Labor Force
29,614
29,646
29,716
29,500
Employed
28,371
28,508
28,558
28,065
Unemployed
1,243
1,138
1,158
1,435
Rate
4.2
3.8
3.9
4.9
Union
Labor Force
119,406
118,383
118,728
117,064
Employed
114,658
113,947
114,277
111,728
Unemployed
4,748
4,436
4,451
5,336
Rate
4.0
3.7
3.7
4.6
Civilian Labor Force Estimates*
July 2017 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 | 2017-09 |
| Description | Septemebr 2017 |
| Digital Characteristics-A | 1.09 MB; 2 p. |
| Digital Format | application/pdf |
| Pres File Name-M | pubs_275164900_serial_labor201709 |
| Full Text | 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 -5% 0% 5% 10% 15% 20% Jul-12 Nov-12 Mar-13 Jul-13 Nov-13 Mar-14 Jul-14 Nov-14 Mar-15 Jul-15 Nov-15 Mar-16 Jul-16 Nov-16 Mar-17 Jul-17 July 2017 Unemployment Rates* Centralina 4.1% 3.4 4.2 4.8 5.5 6.2 7.6 September 2017 Anson 5.3% Iredell 4.2% Lincoln 3.9% Union 4.0% Rowan 4.5% Cabarrus 4.1% Stanly 4.2% Employment & Wages by Supersector 1st Quarter 2017 Establishments Avg. Employment Avg. Weekly Wage Natural Resources & Mining 250 2,616 $755.59 Construction 2,643 20,154 $920.80 Manufacturing 1,159 45,080 $993.10 Trade, Transportation, & Utilities 5,213 67,729 $689.19 Information 263 2,267 $1,056.10 Financial Activities 1,921 7,219 $1,049.15 Professional & Business Services 3,917 34,455 $1,320.49 Education & Health Services 2,234 64,473 $821.89 Leisure & Hospitality Services 1,915 37,080 $425.54 Other Services 1,813 7,532 $563.09 Public Administration 182 14,910 $789.48 Trending REGIONAL EMPLOYMENT* 1,908 More People Working in July than previous month 10,858 More People Working than same period one year ago Centralina Total = 440,314 ONLINE JOB ADS 14,361 Online Advertised Vacancies over past 90 days 868 More Vacancies than same period one year ago Source: The Conference Board Help Wanted Online UNEMPLOYMENT* Centralina Total = 19,040 July 2017 Current Previous Region 4.1% 3.9% NC 4.5% 4.2% US 4.6% 4.5% TAXABLE RETAIL SALES 6% Higher than same period one year ago Centralina Total = $898,743,006 Source: NC Dept. of Revenue Note: July 2017 data most current available at time of release. 19,800 Fewer Jobs in July than previous month Charlotte Total = 1,162,900 METRO JOB GROWTH* 28,000 More Jobs than same period one year ago *July 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. 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 Centralina Workforce Development Board LABOR MARKET OVERVIEW July 2017 June 2017 May 2017 July 2016 Anson Labor Force 10,386 10,429 10,594 10,557 Employed 9,837 9,903 10,044 9,914 Unemployed 549 526 550 643 Rate 5.3 5.0 5.2 6.1 Cabarrus Labor Force 103,566 102,883 103,343 101,398 Employed 99,335 98,918 99,254 96,600 Unemployed 4,231 3,965 4,089 4,798 Rate 4.1 3.9 4.0 4.7 Iredell Labor Force 86,960 86,320 86,656 85,330 Employed 83,347 82,952 83,224 81,098 Unemployed 3,613 3,368 3,432 4,232 Rate 4.2 3.9 4.0 5.0 Lincoln Labor Force 42,855 42,533 42,661 42,126 Employed 41,196 40,964 41,055 40,138 Unemployed 1,659 1,569 1,606 1,988 Rate 3.9 3.7 3.8 4.7 Rowan Labor Force 66,567 66,027 66,310 65,782 Employed 63,570 63,214 63,395 61,913 Unemployed 2,997 2,813 2,915 3,869 Rate 4.5 4.3 4.4 5.9 Stanly Labor Force 29,614 29,646 29,716 29,500 Employed 28,371 28,508 28,558 28,065 Unemployed 1,243 1,138 1,158 1,435 Rate 4.2 3.8 3.9 4.9 Union Labor Force 119,406 118,383 118,728 117,064 Employed 114,658 113,947 114,277 111,728 Unemployed 4,748 4,436 4,451 5,336 Rate 4.0 3.7 3.7 4.6 Civilian Labor Force Estimates* July 2017 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 |
