LABOR MARKET OVERVIEW...MARKET OVERVIEW June 2020 May 2020 April 2020 June 2019 Anson Labor Force...

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Centralina Workforce Development Board Regional Labor Market Snapshot Centralina Region LABOR MARKET OVERVIEW NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | [email protected] -10% -5% 0% 5% 10% 15% Jun-15 Oct-15 Feb-16 Jun-16 Oct-16 Feb-17 Jun-17 Oct-17 Feb-18 Jun-18 Oct-18 Feb-19 Jun-19 Oct-19 Feb-20 Jun-20 August 2020 Trending REGIONAL EMPLOYMENT* 19,901 More People Working in June than previous month 41,313 Fewer People Working than same period one year ago Centralina Total = 419,113 ONLINE JOB ADS UNEMPLOYMENT* Centralina Total = 33,191 June 2020 Current Previous Region 7.3% 12.2% NC 7.9% 12.7% US 11.2% 13.0% TAXABLE RETAIL SALES 7.4% Lower than same period one year ago Centralina Total = $939,676,800 Source: NC Dept. of Revenue Note: May 2020 data most current available at time of release. 38,900 More Jobs in June than previous month Charlotte Total = 1,140,500 METRO JOB GROWTH* 100,600 Fewer Jobs than same period one year ago June 2020 Unemployment Rates* Centralina 7.3% 5.4 6.4 8.3 9.5 11.5 7.3 Anson 7.9% Iredell 7.9% Lincoln 6.8% Union 6.3% Rowan 8.4% Cabarrus 7.8% Stanly 6.3% Change in Employment since 2015* Source: LAUS, Labor & Economic Analysis, NC Dept. of Commerce 3,953 Online Advertised Vacancies reported in May 6,657 Fewer Vacancies than same period one year ago Source: LEAD/The Conference Board Note: May 2020 data most current available at time of release. Source: DWS, NC Dept. of Commerce, NCWorks.gov Source: DWS, NC Dept. of Commerce, NCWorks.gov Who’s Hiring What Jobs past 90 days from July 21, 2020 past 90 days from July 21, 2020 Retail Salespersons 470 Registered Nurses 411 First-Line Supervisors, Food Prep. 375 Customer Service Representatives 293 Combined Food Prep. & Serving Workers 291 Cashiers 232 Heavy & Tractor-Trailer Truck Drivers 223 First-Line Supervisors, Retail 206 Lowe’s Companies, Inc 383 Cabarrus County Schools 276 Atrium Health 253 Rowan-Salisbury School System 214 Union County Public Schools 211 Food Lion 200 Carrols Corporation 191 Novant Health, Inc. 169 *June 2020 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. LEAD generated data are not seasonally adjusted. This workforce product was funded by a grant awarded by the U.S. Department of Labor’s Employment & Training Administration.

Transcript of LABOR MARKET OVERVIEW...MARKET OVERVIEW June 2020 May 2020 April 2020 June 2019 Anson Labor Force...

Page 1: LABOR MARKET OVERVIEW...MARKET OVERVIEW June 2020 May 2020 April 2020 June 2019 Anson Labor Force 10,252 10,382 10,067 10,753 Employed 9,446 9,312 9,238 10,286 Unemployed 806 1,070

Centralina Workforce Development Board

Regional Labor Market Snapshot

Centralina Region

L A B O RMARKET OVERVIEW

NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | [email protected]

-10%

-5%

0%

5%

10%

15%

Jun-15

Oct-15

Feb-16

Jun-16

Oct-16

Feb-17

Jun-17

Oct-17

Feb-18

Jun-18

Oct-18

Feb-19

Jun-19

Oct-19

Feb-20

Jun-20

August 2020

Trending

REgIOnAl EMplOyMEnT*

19,901 More people Workingin June than previous month

41,313 Fewer people Workingthan same period one year ago

Centralina Total = 419,113

OnlInE JOB ADs

UnEMplOyMEnT*

Centralina Total = 33,191June 2020

Current previous

Region 7.3% 12.2%

nC 7.9% 12.7%

Us 11.2% 13.0%

TAxABlE RETAIl sAlEs

7.4% lowerthan same period one year ago

Centralina Total = $939,676,800

Source: NC Dept. of RevenueNote: May 2020 data most current available at time of release.

38,900 More Jobsin June than previous month

Charlotte Total = 1,140,500METRO JOB gROWTh*

100,600 Fewer Jobsthan same period one year ago

June 2020UnemploymentRates*

Centralina7.3%

5.4 6.4 8.3 9.5 11.57.3

Anson7.9%

Iredell7.9%

Lincoln6.8%

Union6.3%

Rowan8.4%

Cabarrus7.8%

Stanly6.3%

Change in Employment since 2015*

Source: LAUS, Labor & Economic Analysis, NC Dept. of Commerce

3,953 Online Advertised Vacanciesreported in May

6,657 Fewer Vacanciesthan same period one year agoSource: LEAD/The Conference BoardNote: May 2020 data most current available at time of release.

Source: DWS, NC Dept. of Commerce, NCWorks.gov Source: DWS, NC Dept. of Commerce, NCWorks.gov

Who’s hiring What Jobspast 90 days from July 21, 2020 past 90 days from July 21, 2020

• Retail Salespersons 470

• Registered Nurses 411

• First-Line Supervisors, Food Prep. 375

• Customer Service Representatives 293

• Combined Food Prep. & Serving Workers 291

• Cashiers 232

• Heavy & Tractor-Trailer Truck Drivers 223

• First-Line Supervisors, Retail 206

• Lowe’s Companies, Inc 383

• Cabarrus County Schools 276

• Atrium Health 253

• Rowan-Salisbury School System 214

• Union County Public Schools 211

• Food Lion 200

• Carrols Corporation 191

• Novant Health, Inc. 169

*June 2020 data are preliminary. Previous month’s data are revised while all other data have undergone annual revision. All data produced in this publicationare generated by LEAD unless otherwise stated. LEAD generated data are not seasonally adjusted.

This workforce product was funded by a grant awarded by the U.S. Department of Labor’s Employment & Training Administration.

Page 2: LABOR MARKET OVERVIEW...MARKET OVERVIEW June 2020 May 2020 April 2020 June 2019 Anson Labor Force 10,252 10,382 10,067 10,753 Employed 9,446 9,312 9,238 10,286 Unemployed 806 1,070

Centralina Workforce Development Board

L A B O RMARKET OVERVIEW

June 2020 May 2020 April 2020 June 2019

Anson

Labor Force 10,252 10,382 10,067 10,753Employed 9,446 9,312 9,238 10,286

Unemployed 806 1,070 829 467

Rate 7.9 10.3 8.2 4.3

Cabarrus

Labor Force 104,490 104,652 100,865 110,419

Employed 96,372 91,663 88,588 106,249

Unemployed 8,118 12,989 12,277 4,170

Rate 7.8 12.4 12.2 3.8

Iredell

Labor Force 85,863 86,948 84,598 90,623

Employed 79,049 75,171 72,664 87,149

Unemployed 6,814 11,777 11,934 3,474

Rate 7.9 13.5 14.1 3.8

lincoln

Labor Force 41,240 41,663 40,460 44,045

Employed 38,445 36,507 35,305 42,373

Unemployed 2,795 5,156 5,155 1,672

Rate 6.8 12.4 12.7 3.8

Rowan

Labor Force 63,613 64,863 62,400 67,033

Employed 58,243 55,352 53,523 64,205

Unemployed 5,370 9,511 8,877 2,828

Rate 8.4 14.7 14.2 4.2

stanly

Labor Force 29,918 30,202 29,180 30,627

Employed 28,025 27,111 26,304 29,418

Unemployed 1,893 3,091 2,876 1,209

Rate 6.3 10.2 9.9 3.9

Union

Labor Force 116,928 115,948 112,143 125,444

Employed 109,533 104,096 100,676 120,746

Unemployed 7,395 11,852 11,467 4,698

Rate 6.3 10.2 10.2 3.7

Civilian labor Force Estimates*

*June 2020 data are preliminary. Previous month’s data are revised while all other data have undergone annual revision. All data produced in this publicationare generated by LEAD unless otherwise stated. LEAD generated data are not seasonally adjusted.

NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | [email protected]

This workforce product was funded by a grant awarded by the U.S. Department of Labor’s Employment and Training Administration. The product was created by the recipient and does not necessarily reflect the official position of the U.S. Department of Labor. The Department of Labor makes no guarantees, warranties, or assurances of any kind, express or implied, with respect to such information, including any information on linked sites and including, but not limited to, accuracy of the information or its completeness, timeliness, usefulness, adequacy, continued availability, or ownership. This product is copyrighted by the institution that created it. Internal use by an organization and/or personal use by an individual for non-commercial purposes is permissible. All other uses require the prior authorization of the copyright owner.

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