LABOR
MARKET OVERVIEW
Triangle South Workforce Development Board
July 2017
Regional Labor Market Snapshot Trending
5-Year
Percent Change
in Number
Employed*
Triangle South
Region
Source: LAIS. Labor & Economic Analysis.
NC Dept, of Commerce
12%
4%
0%
-4%
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>«
00 > -Q >, Of) > -Q >, 00 > -Q
2 < z
2 < z
2 < z
5 < Z LI 5 < z
UNEMPLOYMENT*
May 2017
Triangle South Total = 6,469
Current
Previous
Region
4.5%
4.5%
NC
4.3%
4.2%
US
4.1%
4.1%
Employment & Wages by Supersector
4th Quarter 2016
Establishments
Avg. Employment
Avg. Weekly Wage
Natural Resources & Mining
260
3,299
$808.66
Construction
678
4,464
$889.44
Manufacturing
266
14,471
$901.16
Trade, Transportation, & Utilities
1,362
16,557
$674.54
Information
69
487
$1,054.49
Financial Activities
474
1,945
$916.66
Professional & Business Services
846
6,602
$771.12
Education & Health Services
716
21,294
$733.08
Leisure & Hospitality Services
501
8,051
$281.22
Other Services
456
1,664
$605.24
Public Administration 96 5,275 $816.37
‘May 2017 data are preliminary, previous month’s data are revised 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 http;
/Лгу
ww.nccommerce.com/lead/lmo.
REGIONAL EMPLOYMENT*
Triangle South Total = 136,051
1,202 Fewer People Working
in May than previous month
1,261 More People Working
than same period one year ago
METRO JOB GROWTH*
Durham-Chapel Hill Total = 309,500
No Change in Jobs
in May than previous month
5,600 More Jobs
than same period one year ago
TAXABLE RETAIL SALES
Triangle South Total = $253,871,817
6% Higher
than same period one year ago
Source: NC Dept, of Revenue
Note: May 2017 data most current
available at time of release.
ONLINE JOB ADS
2,918 Online Advertised Vacancies
over past 90 days
90 More Vacancies
than same period one year ago
Source: The Conference Board Help Wanted Online
NC Department of Commerce I Labor & Economic Analysis I 919.707.1500 I leadianccommerce.com