Charlotte Works Workforce Development Board : labor market overview [2014 : July]

LABOR MARKET OVERVIEW WORKS Charlotte Works Workforce Development Board July 2014 Regional Labor Market Snapshot Trending 5-Year Percent Change in Employment* Charlotte Works Region UNEMPLOYMENT* May 2014 Charlotte Works Total = 34,546 © Charlotte Works 6.7% m North Carolina 6.6% m United States 6.1% REGIONAL EMPLOYMENT* Charlotte Works Total = 479,469 May 2014 Unemployment Rates* Charlotte Works 6.7% 4,094 More People Working in May than previous month 10,841 More People Working than same period one year ago CLAIMS-TAKING ACTIVITY Initial Claims Total = 2,728 1% Decrease in Claims in May over previous month Benefits Paid Total = $4,719,184 6% Decrease in Payments in May over previous month Employment & Wages 4th Quarter 2013 by Supersector Duration of Claims Down 1% to 17.8 in May over previous month Establishments Avg. Employment Avg. Weekly Wage INDIVIDUALS RECEIVING DCMCCITC Natural Resources & Mining 45 917 $930.00 Construction 2,458 27,415 $1,149.00 DtINfcrl 1 v> Charlotte Works Total = 5,170 Manufacturing 993 32,667 $1,330.00 Trade, Transportation, & Utilities 7,414 132,185 $954.00 Minimal Change in Claimants Information 653 19,895 $1,493.00 in May over previous month Financial Activities 4,297 63,584 $1,623.00 Professional & Business Services 8,117 123,727 $1,321.00 AVAILABLE JOBS Education & Health Services 3,297 105,382 $965.00 57,600 Jobs Posted Online Leisure & Hospitality Services 3,011 65,513 $486.00 over past 90 days Other Services 2,723 14,912 $782.00 11,626 Fewer Job Openings Public Administration 66 17,086 $1,099.00 than same period one year ago Note: All data produced in this publication are generated by LEAD unless otherwise stated. Source: The Conference Board Help Wanted Online ‘May 2014 data are preliminary, while other 2014 data are revised. All other reported data have undergone annual revision. Charlotte Works Workforce Development Board 1 704.206.1350 _ TJTi NC Department of Commerce I Labor & Economic Analysis Division I 919.707.1500 1 Iead0nccornmerce.com иГГТтТТШТЯ ANALYSIS DIVISION