Overall unemployment rate moved down to 2.7% with the biggest shift in Transportation & Utilities, which gained 900 roles, based on the most recently available information published in December 2021.
Total employment in the Durham-Chapel Hill, NC market rose by 1,184 jobs in November and the unemployment rate decreased compared to the prior month by 30 bps to 2.7%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Durham-Chapel Hill, NC unemployment rate is 119 bps below the national rate which is a positive sign.
- Unemployment in the market is 260 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 6.2% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:
- Education & Healthcare: 72,800; +500
- Government: 66,100; +500
- Business Services: 53,600; -100
- Transportation & Utilities: 42,300; +900
- Manufacturing: 33,900; +100
- Restaurants & Hotels: 24,100; +600
- Financial Services: 16,200; -300
- Other Jobs: 10,900; no change
- Construction, Mining: 9,900; -200
- IT & Development: 6,000; no change
Data is based on the most recent 12 months available, through November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.