Overall unemployment rate stayed flat with the biggest shift in Transportation & Utilities, which lost 1,600 roles, based on the most recently available information published in March 2021.
Total employment in the Greensboro-High Point, NC market declined by 1,035 jobs in January and the unemployment rate stayed flat. The national unemployment rate increased by 31 bps over the same time to 6.8%.
- Greensboro-High Point, NC unemployment rate is 11 bps below the national rate which is a positive sign.
- Unemployment in the market is 240 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) declined in January versus prior month by -1.2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.3%. Key sectors include:
- Transportation & Utilities: 77,700; -1,600
- Manufacturing: 50,100; -300
- Education & Healthcare: 48,700; -1,100
- Business Services: 44,800; -300
- Government: 41,600; -600
- Restaurants & Hotels: 29,600; -100
- Financial Services: 17,900; -200
- Construction, Mining: 15,500; -200
- Other Jobs: 11,400; -100
- IT & Development: 4,400; +100
Data is based on the most recent 12 months available, through January 2021 (Data published March 2021 and reports created on March 25, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.