Guilford County labor market overview [2016 : March]

LABOR MARKET OVERVIEW Greensboro/High Point/Guilford Workforce Development Board Regional Labor Market Snapshot •$SS5£- GREENSBORO • HIGH POINT • GUILFORD COUNTY Workforce development boarD March 2016 Trending 5-Year Percent Change in Employment* Guilford Region UNEMPLOYMENT* January 2016 Guilford Total = 13,586 Current Previous Region 5.3% 5.5% NC 5.3% 5.4% US 4.8% 4.8% Guilford 5.3% Employment & Wages by Supersector 3rd Quarter 2015 Establishments Avg. Employment Avg. Weekly Wage Natural Resources & Mining 55 358 $658.72 Construction 1.107 10,454 $915.25 Manufacturing 706 33,410 $1,157.44 Trade, Transportation, & Utilities 3,634 63,713 $796.57 Information 174 4,623 $1,132.85 Financial Activities 1,564 15,866 $1,146.88 Professional & Business Services 2,819 45,291 $907.47 Education & Health Services 1,601 54,971 $882.35 Leisure & Hospitality Services 1,379 28,147 $313.81 Other Services 1.217 7,003 $622.96 Public Administration 61 10,354 $921.83 4 January 2016 data are preliminary, while all other data have undergone annual revisbn. 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 hltDt/Ayvvw.nccommerce.com/iead/lmo. REGIONAL EMPLOYMENT* Guilford Total = 245,107 651 Fewer People Working in January than previous month 10,317 More People Working than same period one year ago METRO JOB GROWTH* Greensboro-High Point Total = 367,100 800 More Jobs in January than previous month 10,200 More Jobs than same period one year ago TAXABLE RETAIL SALES Guilford Total = $553,950,890 4% Higher than same period one year ago Source: NC Dept, of Reverse Note: December 2015 data most current available at time of release. ONLINE JOB ADS 15,243 Online Advertised Vacancies over past 90 days 3,688 Fewer Vacancies than same period one year ago Source: The Conference Board Help Wanted Online NC Department of Commerce I Labor & Economic Analysis Division I 919.707.1500 I lead0nccommerce.com