Labor market overview : Davidsonworks [2016 : December]

LABOR market overview Davids»nWwrks DavidsonWorks Workforce Development Board December 2016 Regional Labor Market Snapshot Trending 5-Year 8% Percent Change in Number 6% Employed* 4% 2% DavidsonWorks 0% Region -2% Source: LAUS, Labor & Economic Analysis. NC Dept, of Commerce UNEMPLOYMENT* October 2016 DavidsonWorks Total = 3,632 Current Previous Region 4.5% 4.6% NC 4.9% 4.8% US 4.7% 4.8% October 2016 Unemployment Rates* DavidsonWorks 4.5% 3.6 4.3 5.0 6.0 7.7 10.3 Employment & Wages by Supersector 2nd Quarter 2016 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 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 httD^/www.nccommerce.com/lead/lmo. REGIONAL EMPLOYMENT* DavidsonWorks Total = 76,809 490 More People Working in October than previous month 2,011 More People Working than same period one year ago METRO JOB GROWTH* Winston-Salem Total = 261,600 400 More Jobs in October than previous month 2,800 More Jobs than same period one year ago TAXABLE RETAIL SALES DavidsonWorks Total = $97,982,847 5% 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 1,008 Online Advertised Vacancies over past 90 days 799 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 leadtanccommerce.com