LABOR
MARKET OVERVIEW
cape fear
Workforce Development Consortium
Success Through Partnership
Cape Fear Workforce Development Board
Regional Labor Market Snapshot
5-Year
20%
Percent Change
in Number
16%
Employed*
12%
8%
Cape Fear
4%
Region
0%
Sojrce: LAUS. Labor 8, Economic Analysis,
NC Dept, of Commerce
April 2018
Trending
UNEMPLOYMENT*
February 2018
Cape Fear Total = 10,881
Current
Previous
Region
5.0%
5.3%
NC
4.6%
4.7%
US
4.4%
4.5%
>4 00 > .Q >4 00
CO D
О
<0 Z3
2 < Z LL ^ <
February 2018
Unemployment
Rates*
Cape Fear
5.0%
3.5 4.4 5.5 7.5 10.5 14.9
Employment & Wages by Supersector
3rd Quarter 2017
Establishments
Avg. Employment
Avg. Weekly Wage
Natural Resources & Mining
117
1,291
$589.73
Construction
1,472
9,596
$872.20
Manufacturing
346
9,288
$1,227.31
Trade. Transportation, & Utilities
2.811
36,183
$682.42
Information
193
3,495
$1,052.12
Financial Activities
1,457
8,128
$1,038.36
Professional & Business Services
2.587
20,259
$932.43
Education & Health Services
1,559
39,141
$878.91
Leisure & Hospitality Services
1.485
28.454
$343.36
Other Services
1,036
4,973
$541.02
Public Administration
137
10,399
$872.84
‘February 2018 data are preliminary, prevbus 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.r>ccommerce.com/lead/lmo.
REGIONAL EMPLOYMENT*
Cape Fear Total = 207,262
3,538 More People Working
in February than previous month
4,128 More People Working
than same period one year ago
METRO JOB GROWTH*
Wilmington Total = 124,200
1,600 More Jobs
in February than previous month
1,100 More Jobs
than same period one year ago
TAXABLE RETAIL SALES
Cape Fear Total = $613,559,245
2.6% Higher
than same period one year ago
Source: NC Dept, of Revenue
Note: January 2018 data most current
available at time of release.
ONLINE JOB ADS
8,660 Online Advertised Vacancies
over past 90 days
1,302 Fewer 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 leadt9nccommerce.com