LABOR
MARKET OVERVIEW
cape fear
Workforca Dtvatopmnt Consortium
Success Thmigh
Cape Fear Workforce Development Board
April 2020
Regional Labor Market Snapshot
Trending
5-Year
Percent Change
in Number
Employed*
Cape Fear
Region
Source: LAOS. Labor & Economic Analysis,
NC Dept, of Commerce
UNEMPLOYMENT*
February 2020
Cape Fear Total = 9,352
Current
Previous
Region
4.0%
4.5%
NC
3.7%
4.1%
US
3.8%
4.0%
February 2020
Unemployment
%b
Last Year’s Employment & Wages by Industry
2nd Quarter 2019
Industry
Establishments
Avg. Employment
Total Wages
Construction
1,623
12,053
$153,485,891
Manufacturing
347
9,417
$157,863,537
Wholesale Trade
657
5,686
$76,366,120
Retail Trade
1,805
25,937
$181,781,129
Transportation & Warehousing
370
4,924
$58,472,634
Finance & Insurance
714
4,379
$80,478,286
Real Estate & Rental & Leasing
850
3,732
$37,845,594
Prof., Scientific, & Tech. Services
1,767
10,165
$179,990,585
Health Care & Social Assistance
1,338
28,009
$326,739,561
Arts, Entertainment, & Recreation
259
3,683
$20,119,636
Accommodation & Food Services
1,297
25,549
$112,571,676
Other Services (except Public Admin.)
1,147
5,417
$40,754,553
‘February 2020 data are preliminary, previous month's data are revised while all other data have undergone annual
ге
All data produced in this
publication are generated b
у
LEAD unless otherwise stated.
This workforce product was funded by a grant awarded by the U.S. Department of Labor's Employment & Training Administration. For more information,
please visit 21.851.
REGIONAL EMPLOYMENT*
Cape Fear Total = 223,203
3,133 More People Working
in February than previous month
6,816 More People Working
than same period one year ago
METRO JOB GROWTH*
Wilmington Total = 133,200
400 More Jobs
in February than previous month
2,400 More Jobs
than same period one year ago
TAXABLE RETAIL SALES
Cape Fear Total = $725,883,406
5.3% Higher
than same period one year ago
Sajrce: NC Dept . of Revenue
Note: January 2020 data most current
available at time of release.
ONLINE JOB ADS
4,968 Online Advertised Vacancies
over past 90 days
144 More Vacancies
than same period one year ago
Source: LEAD/The Conference Board
NC Department of Commerce I Labor & Economic Analysis I 919.707.1500 I leadflnccommerce.com
