Overall unemployment rate moved down to 3.1% with the biggest shift in Government, which gained 1,700 roles, based on the most recently available information published in November 2021.
Total employment in the Durham-Chapel Hill, NC market rose by 2,151 jobs in September and the unemployment rate decreased compared to the prior month by 60 bps to 3.1%. The national unemployment rate decreased by 72 bps over the same time to 4.6%.
- Durham-Chapel Hill, NC unemployment rate is 146 bps below the national rate which is a positive sign.
- Unemployment in the market is 300 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in September versus prior month by 4.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs stayed flat. Key sectors include:
- Education & Healthcare: 70,300; -1,000
- Government: 63,900; +1,700
- Business Services: 51,300; -600
- Transportation & Utilities: 40,800; -100
- Manufacturing: 33,700; no change
- Restaurants & Hotels: 23,600; +400
- Financial Services: 16,500; -100
- Other Jobs: 10,800; -100
- Construction, Mining: 9,900; -100
- IT & Development: 5,900; -100
Data is based on the most recent 12 months available, through September 2021 (Data published November 2021 and reports created on November 3, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.