Overall unemployment rate moved down to 3.5% with the biggest shift in Restaurants & Hotels, which gained 900 roles, based on the most recently available information published in June 2021.
Total employment in the Durham-Chapel Hill, NC market rose by 137 jobs in April and the unemployment rate decreased compared to the prior month by 30 bps to 3.5%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Durham-Chapel Hill, NC unemployment rate is 225 bps below the national rate which is a positive sign.
- Unemployment in the market is 640 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in April versus prior month by -0.2% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Education & Healthcare: 72,200; +100
- Government: 63,800; -100
- Business Services: 49,100; -800
- Transportation & Utilities: 40,000; +500
- Manufacturing: 33,100; +200
- Restaurants & Hotels: 21,000; +900
- Financial Services: 16,200; +100
- Other Jobs: 10,800; no change
- Construction, Mining: 9,800; +100
- IT & Development: 5,900; +100
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.