Davidson County Workforce Development Board, labor market information division update [2007 : January]

January 26, 2007 Davidson County Workforce Development Board Labor Market Information Division Update Quick Facts: Civilian Labor Force Davidson County December 2006 (Not Seasonally Adjusted) Labor Force - 79,076 Employed - 74,270 Unemployed - 4,806 Unemployment Rate Change Nov. 2006 to Dec. 2006 (Not Seasonally Adjusted) December 2006 - 6.1% November 2006 - 6.3% Gender of Initial Claimants In Davidson County December 2006 Male -57% Female -43% Age Ranges Of Initial Claimants In Davidson County December 2006 16-19 - 1% 20-24 - 8% 25-34 - 19% 35-44 - 27% 45-54 - 27% 55-64 - 16% >65 - 2% Duration of Unemployment Insurance Benefits* Dec. Dec. 2006 2005 Davidson 14.1 11.3 North Carolina 13.7 13.1 ‘Average Duration is defined as the number of weeks compensated for the year, divided by the number of first payments. Civilian Labor Force Estimates (Not Seasonally Adjusted) December 2006 November 2006 October 2006 December 2005 Davidson Labor Force 79,076 79,727 79,751 78,246 Employed 74,270 74,697 75,186 73,755 Unemployment 4,806 5,030 4,565 4,491 Unemployment Rate 6.1% 6.3% 5.7% 5.7% North Carolina Labor Force 4,488,820 4,504,017 4,487,305 4,353,418 Employed 4,278,554 4,284,964 4,286,659 4,149,907 Unemployment 210,266 219,053 200,646 203,511 Unemployment Rate 4.7% 4.9% 4.5% 4.7% January county rates will be released on Mar. 21, 2007. “ 2006 data are preliminary, while 2005 data are benchmarked. Announced Business Closings & Layoffs* December 2006- December 2005 Closings Layoffs 2006 2005 11 3 4 0 * These data are derived from a statewide survey of newspaper accounts of closings and layoffs and from information supplied to the Employment Security Commission of North Carolina by employing units experiencing the closings/layoffs. The data are not comprehensive and do not meet the Labor Market Information Division's standards for accuracy. ESC Employment Service Registered Applicants & Job Listings by Occupation Reg. Applicants Job Openings Prof., Technical & Managerial 1,492 167 Clerical 1,786 183 Sales 450 44 Domestic Services 29 15 Other Services 1,437 122 Food Services * 93 Ag., Forestry & Fishery 70 34 Processing 404 35 Machine Trade 1,331 149 Benchwork 1,563 102 Structural Work 1,019 229 Motor Freight & Transportation 397 54 Packaging & Material Handling 1,325 180 Miscellaneous 77 6 “ Food Services is included in Other Services os reported in Registered Applicants. Note: Active Applicants and Job Openings YID tor the period 7/1/06-6/30/07