Charlotte Works Workforce Development Board : labor market overview [2016 : December]

LABOR MARKET OVERVIEW W CHARLOTTE WORKS Charlotte Works Workforce Development Board December 2016 Regional Labor Market Snapshot Trending 5-Year Percent Change in Number Employed* Charlotte Works Region Source: LAUS. Labor & Economic Analysis, NC Depi. of Commerce UNEMPLOYMENT* October 2016 Charlotte Works Total = 26,292 Current Previous Region 4.5% 4.6% NC 4.9% 4.8% US 4.7% 4.8% Charlotte Works 4.5% October 2016 Employment & Wages 2nd Quarter 2016 by Supersector Establishments Avg. Employment Avg. Weekly Wage Natural Resources & Mining 118 946 $631.48 Construction 1,363 8,938 $786.91 Manufacturing 349 9,386 $1,318.00 Trade, Transportation. & Utilities 2.807 34.051 $703.02 Information 192 3,475 $1,136.08 Financial Activities 1,406 7.219 $1,055.60 Professional & Business Services 2.485 19.614 $932.41 Education & Health Services 1.500 40.164 $796.77 Leisure & Hospitality Services 1,447 23,650 $290.95 Other Services 997 4.438 $495.01 Public Administration 140 10,091 $833.21 ‘October 2016 data are preliminary, 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 http://www.nccommerce.com/lead/lmo. REGIONAL EMPLOYMENT* Charlotte Works Total = 558,081 9,734 More People Working in October than previous month 20,799 More People Working than same period one year ago METRO JOB GROWTH* Charlotte Total = 1,149,500 16,200 More Jobs in October than previous month 27,900 More Jobs than same period one year ago TAXABLE RETAIL SALES Charlotte Works Total - $1,724,670,872 13% Higher than same period one year ago Source: NC Dept, of Revenue Note: September 2016 data most current available at time of release. ONLINE JOB ADS 56,501 Online Advertised Vacancies over past 90 days 5,503 Fewer Vacancies than same period one year ago Soiree: The Conference Board Help Wanied Online NC Department of Commerce I Labor & Economic Analysis Division I 919.707.1500 I leadtanccommerce.com