LABOR
MARKET OVERVIEW
cape fear
Workforce Development Consortium
Success Through Partnership
Cape Fear Workforce Development Board
July 2017
Regional Labor Market Snapshot Trending
5-Year
16%
Percent Change
12%
in Number
004
Employed*
4%
0%
Cape Fear
-4%
Region
-8%
Sojrce: LAUS. Labor & Economic Analysis.
NC Dept, of Commerce
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UNEMPLOYMENT*
May 2017
Cape Fear Total =
9,587
Current Previous
w
Region
4.3%
4.3%
a
NC
4.3%
4.2%
<j®j)
US
4.1%
4.1%
Cape Fear
4.3%
May 2017
Unemployment
Rates*
A
Employment & Wages by Supersector
4th Quarter 2016
Establishments
Avg. Employment
Avg. Weekly Wage
Natural Resources & Mining
116
1,226
$569.60
Construction
1,399
9,368
$927.39
Manufacturing
342
9,401
$1,266.12
Trade, Transportation, & Utilities
2,810
35,291
$710.41
Information
196
3,498
$1,116.18
Financial Activities
1,402
7,546
$1,164.53
Professional & Business Services
2,599
20,296
$1,037.80
Education & Health Services
1,538
41,107
$881.88
Leisure & Hospitality Services
1,436
25,309
$323.25
Other Services
996
4,677
$545.07
Public Administration 140 10.308 $899.24
‘May 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 ty 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 httD://www.nccommerce.com/lead/lmo.
REGIONAL EMPLOYMENT*
Cape Fear Total = 211,581
1,254 More People Working
in May than previous month
3,659 More People Working
than same period one year ago
METRO JOB GROWTH*
Wilmington Total = 128,000
1,300 More Jobs
in May than previous month
2,700 More Jobs
than same period one year ago
TAXABLE RETAIL SALES
Cape Fear Total = $602,352,420
8% Higher
than same period one year ago
Source: NC Dept, of Revenue
Note: May 2017 data most current
available al time of release.
ONLINE JOB ADS
10,211 Online Advertised Vacancies
over past 90 days
8 More Vacancies
than same period one year ago
Source: The Conference Board Help Wanted Online
NC Department of Commerce I Labor & Economic Analysis I 919.707.1500 I leadl9nccommerce.com
