Cumberland County Workforce Development Board Labor Market Information Division update |
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Cumberland Workforce Development Board
Regional Labor Market Snapshot
February 2018
Unemployment
Rates*
Cumberland
Region
L ABOR
MARKET OVERVIEW
NC Department of Commerce | Labor & Economic Analysis Division | 919.707.1500 | lead@nccommerce.com
-4%
-2%
0%
2%
4%
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
Cumberland
5.8%
3.5 4.4 5.5 7.5 10.5 14.9
April 2018
Employment & Wages by Supersector
3rd Quarter 2017
Establishments Avg. Employment Avg. Weekly Wage
Natural Resources & Mining 27 204 $649.84
Construction 482 4,403 $899.29
Manufacturing 112 6,231 $1,146.59
Trade, Transportation, & Utilities 1,425 23,718 $619.64
Information 67 1,209 $851.92
Financial Activities 636 3,549 $861.20
Professional & Business Services 1,084 11,853 $869.66
Education & Health Services 960 33,856 $924.78
Leisure & Hospitality Services 762 15,959 $288.03
Other Services 594 2,999 $629.44
Public Administration 55 13,072 $1,202.13
Trending
REGIONAL EMPLOYMENT*
105 More People Working
in February than previous month
562 More People Working
than same period one year ago
Cumberland Total = 120,506
ONLINE JOB ADS
6,849 Online Advertised Vacancies
over past 90 days
1,034 Fewer Vacancies
than same period one year ago
Source: The Conference Board Help Wanted Online
UNEMPLOYMENT*
Cumberland Total = 7,483
February 2018
Current Previous
Region 5.8% 5.9%
NC 4.6% 4.7%
US 4.4% 4.5%
TAXABLE RETAIL SALES
4.3% Lower
than same period one year ago
Cumberland Total = $403,951,294
Source: NC Dept. of Revenue
Note: February 2018 data most current
available at time of release.
400 Fewer Jobs
in February than previous month
Fayetteville Total = 129,000
METRO JOB GROWTH*
800 Fewer 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 http://www.nccommerce.com/lead/lmo.
5-Year
Percent Change
in Number
Employed*
Source: LAUS, Labor & Economic Analysis,
NC Dept. of Commerce
Object Description
Description
| Title | Cumberland County Workforce Development Board Labor Market Information Division update |
| Other Title | Labor Market Information Division update; Labor market overview |
| Date | 2018-04 |
| Description | April 2018 |
| Digital Characteristics-A | 730 KB; 1 p. |
| Digital Format | application/pdf |
| Pres File Name-M | pubs_serial_501172015_labor201804 |
| Full Text | Cumberland Workforce Development Board Regional Labor Market Snapshot February 2018 Unemployment Rates* Cumberland Region L ABOR MARKET OVERVIEW NC Department of Commerce | Labor & Economic Analysis Division | 919.707.1500 | lead@nccommerce.com -4% -2% 0% 2% 4% 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 Cumberland 5.8% 3.5 4.4 5.5 7.5 10.5 14.9 April 2018 Employment & Wages by Supersector 3rd Quarter 2017 Establishments Avg. Employment Avg. Weekly Wage Natural Resources & Mining 27 204 $649.84 Construction 482 4,403 $899.29 Manufacturing 112 6,231 $1,146.59 Trade, Transportation, & Utilities 1,425 23,718 $619.64 Information 67 1,209 $851.92 Financial Activities 636 3,549 $861.20 Professional & Business Services 1,084 11,853 $869.66 Education & Health Services 960 33,856 $924.78 Leisure & Hospitality Services 762 15,959 $288.03 Other Services 594 2,999 $629.44 Public Administration 55 13,072 $1,202.13 Trending REGIONAL EMPLOYMENT* 105 More People Working in February than previous month 562 More People Working than same period one year ago Cumberland Total = 120,506 ONLINE JOB ADS 6,849 Online Advertised Vacancies over past 90 days 1,034 Fewer Vacancies than same period one year ago Source: The Conference Board Help Wanted Online UNEMPLOYMENT* Cumberland Total = 7,483 February 2018 Current Previous Region 5.8% 5.9% NC 4.6% 4.7% US 4.4% 4.5% TAXABLE RETAIL SALES 4.3% Lower than same period one year ago Cumberland Total = $403,951,294 Source: NC Dept. of Revenue Note: February 2018 data most current available at time of release. 400 Fewer Jobs in February than previous month Fayetteville Total = 129,000 METRO JOB GROWTH* 800 Fewer 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 http://www.nccommerce.com/lead/lmo. 5-Year Percent Change in Number Employed* Source: LAUS, Labor & Economic Analysis, NC Dept. of Commerce |
| OCLC number | 501172015 |
