Overall unemployment rate moved up to 4.1% with the biggest shift in Government, which lost 3,600 roles, based on the most recently available information published in July 2021.
Total employment in the Durham-Chapel Hill, NC market rose by 1,979 jobs in June and the unemployment rate increased compared to the prior month by 40 bps to 4.1%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Durham-Chapel Hill, NC unemployment rate is 199 bps below the national rate which is a positive sign.
- Unemployment in the market is 360 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 declined by -0.3%. Key sectors include:
- Education & Healthcare: 71,700; -300
- Government: 59,500; -3,600
- Business Services: 50,800; +900
- Transportation & Utilities: 40,700; +600
- Manufacturing: 33,300; +100
- Restaurants & Hotels: 22,900; +600
- Financial Services: 16,500; +300
- Other Jobs: 10,900; +100
- Construction, Mining: 9,900; +200
- IT & Development: 6,000; +100
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.