Overall unemployment rate moved up to 4.7% with the biggest shift in Restaurants & Hotels, which gained 7,900 roles, based on the most recently available information published in July 2021.
Total employment in the Charlotte-Concord-Gastonia, NC-SC market rose by 16,784 jobs in June and the unemployment rate increased compared to the prior month by 40 bps to 4.7%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Charlotte-Concord-Gastonia, NC-SC unemployment rate is 139 bps below the national rate which is a positive sign.
- Unemployment in the market is 440 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 3.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Transportation & Utilities: 249,600; -900
- Business Services: 214,300; no change
- Government: 151,200; -2,500
- Restaurants & Hotels: 136,000; +7,900
- Education & Healthcare: 120,500; -600
- Financial Services: 110,900; +1,200
- Manufacturing: 103,800; +600
- Construction, Mining: 70,200; +600
- Other Jobs: 43,600; -200
- IT & Development: 23,800; +300
Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.