North Carolina March Conty Labor aret Conitions 2020 · 2020-04-29 · Hyde County recorded...
Transcript of North Carolina March Conty Labor aret Conitions 2020 · 2020-04-29 · Hyde County recorded...
County Labor Market ConditionsNorth Carolina March
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L a b o r & E c o n o m i c A n a l y s i s D i v i s i o n | N o r t h C a r o l i n a D e p a r t m e n t o f C o m m e r c e | 1 o f 6
North Carolina’s statewide unemployment rate (not seasonally adjusted) was 4.2 percent in March. This increased 0.5 of a percentage point from February’s revised rate, and grew 0.2 of a percentage point over the year.
Over the month, the unemployment rate increased in 97 of North Carolina’s 100 counties. Thirty-eight counties had unemployment rates at or below the state’s 4.2 percent rate.
Hyde County recorded March’s highest unemployment rate at 13.1 percent, followed by Tyrrell at 7.5 percent. Buncombe, Alexander, and Orange County had the lowest unemployment rate at 3.4 percent.
Unemployment rates increased in all of the state’s 15 Metropolitan Statistical Areas (MSAs) over the month. The Fayetteville MSA and Rocky Mount MSA had the highest unemployment rate in March at 5.5 percent, followed by Jacksonville at 4.9 percent, and Goldsboro at 4.5 percent. Asheville and Durham/Chapel Hill reported the month’s lowest unemployment rate at 3.6 percent, followed by Raleigh at 3.7 percent.
Metropolitan Statistical Areas’ Unemployment RatesMarch 2020*(Not Seasonally Adjusted)
Counties With Highest Unemployment RatesMarch 2020*(Not Seasonally Adjusted)
Counties With Lowest Unemployment RatesMarch 2020*(Not Seasonally Adjusted)
3.4% 3.4% 3.4%3.6% 3.6% 3.6%
0%
1%
2%
3%
4%
Buncombe Alexander Orange Wake Durham Granville
13.1%
7.5% 7.4% 7.4% 7.2%6.4%
0%
4%
8%
12%
16%
Hyde Tyrrell Scotland Dare Washington Graham
4.2%3.6% 3.6% 3.7% 3.9% 4.0% 4.0% 4.0% 4.1% 4.3% 4.4% 4.4% 4.5%
4.9%5.5% 5.5%
0%
2%
4%
6%
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* A l l M a r c h 2 0 2 0 d a t a a r e p r e l i m i n a r y .
North Carolina County Labor Market Conditions
L a b o r & E c o n o m i c A n a l y s i s D i v i s i o n | N o r t h C a r o l i n a D e p a r t m e n t o f C o m m e r c e | 2 o f 6
North Carolina County Labor Market Conditions
Asheville MSA | Total Nonfarm Employment | March 2020Over-the-Year Employment ChangeIndustry ChangeMining, Logging & Construction -100 -1.0%Manufacturing -100 -0.5%Trade, Transportation & Utilities -400 -1.1%Information 0 0.0%Financial Activities 300 4.7%Professional & Business Services -600 -3.2%Education & Health Services -1,000 -2.6%Leisure & Hospitality -1,800 -6.3%Other Services 500 5.6%Government 400 1.5%
Burlington MSA | Total Nonfarm Employment | March 2020Over-the-Month Employment ChangeIndustry ChangeMining, Logging & Construction 0 0.0%Manufacturing -300 -3.2%Trade, Transportation & Utilities 200 1.6%Information 0 0.0%Financial Activities 0 0.0%Professional & Business Services -100 -1.9%Education & Health Services -100 -0.8%Leisure & Hospitality -500 -6.0%Other Services 0 0.0%Government 100 1.4%
Over-the-Year Employment ChangeIndustry ChangeMining, Logging & Construction 100 3.1%Manufacturing -300 -3.2%Trade, Transportation & Utilities -300 -2.3%Information 0 0.0%Financial Activities 100 5.3%Professional & Business Services 200 4.1%Education & Health Services 100 0.8%Leisure & Hospitality -300 -3.7%Other Services 100 4.6%Government 100 1.4%
Charlotte/Concord/Gastonia, NC-SC MSA | Total Nonfarm Employment | March 2020
Durham/Chapel Hill MSA | Total Nonfarm Employment | March 2020
Over-the-Month Employment ChangeIndustry ChangeMining, Logging & Construction 900 1.3%Manufacturing -1,500 -1.3%Trade, Transportation & Utilities -1,100 -0.4%Information 100 0.4%Financial Activities 1,200 1.1%Professional & Business Services -1,500 -0.7%Education & Health Services 0 0.0%Leisure & Hospitality -1,100 -0.8%Other Services -300 -0.7%Government 1,200 0.8%
Over-the-Year Employment ChangeIndustry ChangeMining, Logging & Construction 3,100 4.6%Manufacturing 200 0.2%Trade, Transportation & Utilities 900 0.4%Information 100 0.4%Financial Activities 5,800 5.8%Professional & Business Services 500 0.2%Education & Health Services 700 0.6%Leisure & Hospitality 2,500 1.8%Other Services -100 -0.2%Government 2,600 1.7%
Over-the-Month Employment ChangeIndustry ChangeMining, Logging & Construction -100 -1.0%Manufacturing -600 -2.1%Trade, Transportation & Utilities 300 0.8%Information 0 0.0%Financial Activities 0 0.0%Professional & Business Services 300 0.7%Education & Health Services -100 -0.1%Leisure & Hospitality -800 -2.9%Other Services 100 0.9%Government 100 0.1%
Over-the-Year Employment ChangeIndustry ChangeMining, Logging & Construction 600 6.7%Manufacturing -300 -1.1%Trade, Transportation & Utilities 800 2.1%Information 200 4.2%Financial Activities 400 2.7%Professional & Business Services 1,100 2.4%Education & Health Services 1,600 2.2%Leisure & Hospitality -1,300 -4.6%Other Services 300 2.6%Government 300 0.4%
N o t e : A l l d a t a a r e N o t S e a s o n a l l y A d j u s t e d . A l l M a r c h 2 0 2 0 d a t a a r e p r e l i m i n a r y .
UN Rate | 3.6%Total Nonfarm | 195,500
Monthly Change | -1,800, -0.9%Yearly Change | -2,800, -1.4%
UN Rate | 4.1%Total Nonfarm | 63,200
Monthly Change | -700, -1.1%Yearly Change | -200, -0.3%
UN Rate | 3.9%Total Nonfarm | 1,241,600
Monthly Change | -2,100, -0.2%Yearly Change | 16,300, 1.3%
UN Rate | 3.6%Total Nonfarm | 324,900
Monthly Change | -800, -0.3%Yearly Change | 3,700, 1.2%
Over-the-Month Employment ChangeIndustry ChangeMining, Logging & Construction 0 0.0%Manufacturing -100 -0.5%Trade, Transportation & Utilities 200 0.6%Information 0 0.0%Financial Activities 100 1.5%Professional & Business Services -400 -2.2%Education & Health Services -400 -1.1%Leisure & Hospitality -1,500 -5.3%Other Services 100 1.1%Government 200 0.8%
North Carolina County Labor Market Conditions
L a b o r & E c o n o m i c A n a l y s i s D i v i s i o n | N o r t h C a r o l i n a D e p a r t m e n t o f C o m m e r c e | 3 o f 6
North Carolina County Labor Market Conditions
Fayetteville MSA | Total Nonfarm Employment | March 2020
Goldsboro MSA | Total Nonfarm Employment | March 2020
Greensboro/High Point MSA | Total Nonfarm Employment | March 2020
Greenville MSA | Total Nonfarm Employment | March 2020
* D a t a n o t c o l l e c t e d f o r t h e s e i n d u s t r i a l s e c t o r s . N o t e : A l l d a t a a r e N o t S e a s o n a l l y A d j u s t e d . A l l M a r c h 2 0 2 0 d a t a a r e p r e l i m i n a r y .
Over-the-Year Employment ChangeIndustry ChangeMining, Logging & Construction -300 -4.9%Manufacturing 200 2.4%Trade, Transportation & Utilities -900 -3.8%Information 0 0.0%Financial Activities 0 0.0%Professional & Business Services -700 -6.2%Education & Health Services 0 0.0%Leisure & Hospitality 0 0.0%Other Services 100 2.2%Government 100 0.3%
Over-the-Month Employment ChangeIndustry ChangeMining, Logging & Construction *Manufacturing *Trade, Transportation & Utilities *Information *Financial Activities *Professional & Business Services *Education & Health Services *Leisure & Hospitality *Other Services *Government 0 0.0%
Over-the-Year Employment ChangeIndustry ChangeMining, Logging & Construction *Manufacturing *Trade, Transportation & Utilities *Information *Financial Activities *Professional & Business Services *Education & Health Services *Leisure & Hospitality *Other Services *Government 0 0.0%
Over-the-Month Employment ChangeIndustry ChangeMining, Logging & Construction 200 1.3%Manufacturing -900 -1.7%Trade, Transportation & Utilities 400 0.5%Information 0 0.0%Financial Activities 400 2.1%Professional & Business Services 1,200 2.6%Education & Health Services -500 -1.0%Leisure & Hospitality -1,200 -3.2%Other Services 100 0.8%Government 100 0.2%
Over-the-Year Employment ChangeIndustry ChangeMining, Logging & Construction -100 -0.6%Manufacturing -1,400 -2.6%Trade, Transportation & Utilities 400 0.5%Information 100 2.2%Financial Activities 800 4.3%Professional & Business Services -700 -1.4%Education & Health Services -300 -0.6%Leisure & Hospitality -1,500 -4.0%Other Services 0 0.0%Government -100 -0.2%
Over-the-Month Employment ChangeIndustry ChangeMining, Logging & Construction 100 2.6%Manufacturing -100 -1.6%Trade, Transportation & Utilities 0 0.0%Information 0 0.0%Financial Activities 0 0.0%Professional & Business Services -100 -1.6%Education & Health Services 0 0.0%Leisure & Hospitality -700 -7.3%Other Services 0 0.0%Government 300 1.1%
Over-the-Year Employment ChangeIndustry ChangeMining, Logging & Construction 300 8.3%Manufacturing -200 -3.1%Trade, Transportation & Utilities 200 1.7%Information 0 0.0%Financial Activities -200 -7.7%Professional & Business Services -800 -11.6%Education & Health Services -200 -2.1%Leisure & Hospitality -800 -8.3%Other Services 0 0.0%Government 500 1.8%
Over-the-Month Employment ChangeIndustry ChangeMining, Logging & Construction 0 0.0%Manufacturing 0 0.0%Trade, Transportation & Utilities 100 0.4%Information 0 0.0%Financial Activities 0 0.0%Professional & Business Services 200 1.9%Education & Health Services -100 -0.6%Leisure & Hospitality -300 -1.8%Other Services 0 0.0%Government 200 0.5%
UN Rate | 5.5%Total Nonfarm | 130,600
Monthly Change | 100, 0.1%Yearly Change | -1,500, -1.1%
UN Rate | 4.5%Total Nonfarm | 40,200
Monthly Change | -700, -1.7%Yearly Change | -1,400, -3.4%
UN Rate | 4.4%Total Nonfarm | 362,000
Monthly Change | -200, -0.1%Yearly Change | -2,800, -0.8%
UN Rate | 4.4%Total Nonfarm | 80,600
Monthly Change | -500, -0.6%Yearly Change | -1,200, -1.5%
North Carolina County Labor Market Conditions
L a b o r & E c o n o m i c A n a l y s i s D i v i s i o n | N o r t h C a r o l i n a D e p a r t m e n t o f C o m m e r c e | 4 o f 6
North Carolina County Labor Market Conditions
Hickory/Lenoir/Morganton MSA | Total Nonfarm Employment | March 2020
Jacksonville MSA | Total Nonfarm Employment | March 2020
Raleigh MSA | Total Nonfarm Employment | March 2020
* D a t a n o t c o l l e c t e d f o r t h e s e i n d u s t r i a l s e c t o r s . N o t e : A l l d a t a a r e N o t S e a s o n a l l y A d j u s t e d . A l l M a r c h 2 0 2 0 d a t a a r e p r e l i m i n a r y .
New Bern MSA | Total Nonfarm Employment | March 2020
Over-the-Year Employment ChangeIndustry ChangeMining, Logging & Construction -100 -2.2%Manufacturing 0 0.0%Trade, Transportation & Utilities 100 0.3%Information 0 0.0%Financial Activities 100 3.1%Professional & Business Services -200 -1.4%Education & Health Services -100 -0.5%Leisure & Hospitality 0 0.0%Other Services 0 0.0%Government 0 0.0%
Over-the-Month Employment ChangeIndustry ChangeMining, Logging & Construction *Manufacturing *Trade, Transportation & Utilities *Information *Financial Activities *Professional & Business Services *Education & Health Services *Leisure & Hospitality *Other Services *Government -100 -0.7%
Over-the-Year Employment ChangeIndustry ChangeMining, Logging & Construction *Manufacturing *Trade, Transportation & Utilities *Information *Financial Activities *Professional & Business Services *Education & Health Services *Leisure & Hospitality *Other Services *Government 200 1.4%
Over-the-Month Employment ChangeIndustry ChangeMining, Logging & Construction *Manufacturing *Trade, Transportation & Utilities *Information *Financial Activities *Professional & Business Services *Education & Health Services *Leisure & Hospitality *Other Services *Government 100 0.7%
Over-the-Year Employment ChangeIndustry ChangeMining, Logging & Construction *Manufacturing *Trade, Transportation & Utilities *Information *Financial Activities *Professional & Business Services *Education & Health Services *Leisure & Hospitality *Other Services *Government 300 2.1%
Over-the-Month Employment ChangeIndustry ChangeMining, Logging & Construction 900 2.2%Manufacturing -300 -0.8%Trade, Transportation & Utilities -200 -0.2%Information 100 0.4%Financial Activities 200 0.6%Professional & Business Services -300 -0.2%Education & Health Services -400 -0.5%Leisure & Hospitality -600 -0.8%Other Services 300 1.2%Government 0 0.0%
Over-the-Year Employment ChangeIndustry ChangeMining, Logging & Construction 1,600 3.9%Manufacturing -800 -2.2%Trade, Transportation & Utilities 800 0.7%Information 300 1.3%Financial Activities 2,000 6.0%Professional & Business Services 4,100 3.4%Education & Health Services 900 1.1%Leisure & Hospitality 2,100 2.9%Other Services 600 2.3%Government 1,500 1.5%
Over-the-Month Employment ChangeIndustry ChangeMining, Logging & Construction 0 0.0%Manufacturing 0 0.0%Trade, Transportation & Utilities 200 0.7%Information 0 0.0%Financial Activities 0 0.0%Professional & Business Services -200 -1.4%Education & Health Services -100 -0.5%Leisure & Hospitality -200 -1.4%Other Services 0 0.0%Government 100 0.4%
UN Rate | 4.0%Total Nonfarm | 155,300
Monthly Change | -200, -0.1%Yearly Change | -200, -0.1%
UN Rate | 4.9%Total Nonfarm | 49,800
Monthly Change | -1,000, -2.0%Yearly Change | -300, -0.6%
UN Rate | 4.3%Total Nonfarm | 44,400
Monthly Change | -500, -1.1%Yearly Change | -600, -1.3%
UN Rate | 3.7%Total Nonfarm | 657,300
Monthly Change | -300, -0.1%Yearly Change | 13,100, 2.0%
North Carolina County Labor Market Conditions
Over-the-Year Employment ChangeIndustry ChangeMining, Logging & Construction 0 0.0%Manufacturing -200 -2.0%Trade, Transportation & Utilities 100 0.9%Information *Financial Activities *Professional & Business Services -200 -4.0%Education & Health Services -100 -1.5%Leisure & Hospitality -100 -1.8%Other Services *Government -200 -1.8%
Over-the-Month Employment ChangeIndustry ChangeMining, Logging & Construction 100 1.1%Manufacturing 0 0.0%Trade, Transportation & Utilities -400 -1.6%Information 100 3.2%Financial Activities 0 0.0%Professional & Business Services -300 -1.8%Education & Health Services 0 0.0%Leisure & Hospitality -200 -1.0%Other Services 100 1.8%Government 0 0.0%
Over-the-Year Employment ChangeIndustry ChangeMining, Logging & Construction 300 3.3%Manufacturing -100 -1.7%Trade, Transportation & Utilities -600 -2.3%Information 0 0.0%Financial Activities 300 4.9%Professional & Business Services 300 1.8%Education & Health Services 100 0.6%Leisure & Hospitality 200 1.0%Other Services 400 7.4%Government 300 1.2%
Over-the-Month Employment ChangeIndustry ChangeMining, Logging & Construction -100 -0.9%Manufacturing -200 -0.6%Trade, Transportation & Utilities -200 -0.4%Information 0 0.0%Financial Activities 0 0.0%Professional & Business Services 100 0.3%Education & Health Services 100 0.2%Leisure & Hospitality -400 -1.4%Other Services 0 0.0%Government 200 0.6%
Over-the-Year Employment ChangeIndustry ChangeMining, Logging & Construction 600 5.4%Manufacturing -200 -0.6%Trade, Transportation & Utilities -400 -0.8%Information -100 -5.3%Financial Activities 300 2.2%Professional & Business Services -1,100 -2.9%Education & Health Services -500 -0.9%Leisure & Hospitality 0 0.0%Other Services 400 4.6%Government 100 0.3%
Over-the-Month Employment ChangeIndustry ChangeMining, Logging & Construction 0 0.0%Manufacturing -200 -2.0%Trade, Transportation & Utilities 300 2.7%Information *Financial Activities *Professional & Business Services 0 0.0%Education & Health Services 0 0.0%Leisure & Hospitality 100 1.8%Other Services *Government 100 0.9%
L a b o r & E c o n o m i c A n a l y s i s D i v i s i o n | N o r t h C a r o l i n a D e p a r t m e n t o f C o m m e r c e | 5 o f 6
North Carolina County Labor Market Conditions
Over the month, net industry employment decreased in 14 of North Carolina’s 15 MSAs. Charlotte/Concord/Gastonia, NC-SC had the largest net employment decrease with 2,100, followed by Asheville, 1,800; Rocky Mount, 1,000; Jacksonville, 1,000; Durham/Chapel Hill, 800; Goldsboro, 700; and Burlington, 700. Jacksonville had the greatest percentage decrease at 2.0 percent, followed by Rocky Mount, 1.8%, Goldsboro, 1.7%, New Bern, 1.1%, and Burlington, 1.1%. It is important to note that employment estimates are subject to large seasonal patterns; therefore, it is advisable to focus on over-the-year changes in the not seasonally adjusted series.
Over the year, employment increased in four of 15 MSAs. Charlotte/Concord/Gastonia, NC-SC had the largest net employment increase at 16,300, followed by Raleigh, 13,100; Durham/Chapel Hill, 3,700; and Wilmington; 1,200. Raleigh had the greatest percentage increase at 2.0 percent, followed by Charlotte/Concord/Gastonia, NC-SC, 1.3 percent; Durham/Chapel Hill, 1.2 percent; and Wilmington, 0.9 of a percentage point.
Wilmington MSA | Total Nonfarm Employment | March 2020
Winston-Salem MSA | Total Nonfarm Employment | March 2020
N o t e : A l l d a t a a r e N o t S e a s o n a l l y A d j u s t e d . A l l M a r c h 2 0 2 0 d a t a a r e p r e l i m i n a r y .
Rocky Mount MSA | Total Nonfarm Employment | March 2020
UN Rate | 5.5%Total Nonfarm | 55,100
Monthly Change | -1,000, -1.8%Yearly Change | -1,600, -2.8%
UN Rate | 4.0%Total Nonfarm | 132,500
Monthly Change | -600, -0.5%Yearly Change | 1,200, 0.9%
UN Rate | 4.0%Total Nonfarm | 270,100
Monthly Change | -500, -0.2%Yearly Change | -900, -0.3%
PITT4.4
WAKE3.6
DUPLIN4.3
BLADEN5.3 PENDER
4.3
BERTIE5.7
WILKES4.7
UNION3.8 CARTERET
4.6
NASH5.1
ROBESON5.8
SAMPSON4.3
MOORE4.0 CRAVEN
4.3
ONSLOW4.9
BEAUFORT5.0
COLUMBUS5.3
SWAIN5.1
ASHE4.4
WAYNE4.5
SURRY4.2
ANSON4.9
BURKE4.1
BRUNSWICK5.7
CHATHAM3.7
JOHNSTON3.9
IREDELL4.0
RANDOLPH4.2
JONES4.1
MACON4.5
HOKE5.4
ROWAN4.4
LEE4.6
HARNETT4.8
GUILFORD4.4
PAMLICO4.2
BUNCOMBE3.4
STOKES4.0
DAVIDSON4.2
STANLY4.3 LENOIR
4.1
JACKSON4.7
GATES4.5
FRANKLIN4.3
MADISON4.1
PERSON4.3
CUMBERLAND5.5
ORANGE3.4
YADKIN3.9
DAVIE3.8
CASWELL5.0
POLK4.1
CALDWELL4.2
CLAY5.0
CATAWBA3.9
GASTON4.4
FORSYTH4.0
CHEROKEE4.9
ROCKINGHAM4.8
CLEVELAND4.6
MCDOWELL4.3
AVERY4.6
LINCOLN3.9 CABARRUS
3.9
WATAUGA3.7
GREENE4.0
MARTIN5.3
HAYWOOD3.9
GRANVILLE3.6
RICHMOND5.8
RUTHERFORD5.5
ALAMANCE4.1
YANCEY4.5
CURRITUCK4.1
MECKLENBURG3.9
CAMDEN4.2
DURHAM3.6
MONTGOMERY4.3
HERTFORD5.6
HENDERSON3.7
CHOWAN4.6
TRANSYLVANIA4.1
PERQUIMANS5.5
MITCHELL5.3
ALEXANDER3.4
PASQUOTANK5.0
NEW HANOVER3.9
HYDE13.1
DARE7.4
HALIFAX6.4
TYRRELL7.5
WARREN6.2
WILSON6.0
EDGECOMBE6.1
GRAHAM6.4
VANCE6.1
NORTHAMPTON6.0
WASHINGTON7.2
SCOTLAND7.4
ALLEGHANY6.0
North Carolina Unemployment Rates by CountyMarch 2020
North Carolina Rate 4.2%Not Seasonally Adjusted
Note: March 2020 data are preliminary.Prepared by the Labor & Economic Analysis, North Carolina Department of Commerce 4_2020
97 Counties Higher Than Previous Month2 Counties Lower Than Previous Month1 Counties Same as Previous Month=
>
>
March 20203.4 - 4.1
4.2 - 4.8
4.9 - 5.8
5.9 - 7.5
7.6 - 13.1