Overall unemployment rate moved down to 5.2% with the biggest shift in Government, which gained 2,200 roles, based on the most recently available information published in September 2021.
Total employment in the Greensboro-High Point, NC market rose by 5,528 jobs in July and the unemployment rate decreased compared to the prior month by 40 bps to 5.2%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Greensboro-High Point, NC unemployment rate is 46 bps below the national rate which is a positive sign.
- Unemployment in the market is 560 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in July versus prior month by 5.3% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.0% . Key sectors include:
- Transportation & Utilities: 78,400; -100
- Education & Healthcare: 50,800; +100
- Manufacturing: 50,500; -200
- Business Services: 44,900; +100
- Government: 39,900; +2,200
- Restaurants & Hotels: 33,000; +600
- Financial Services: 18,400; +300
- Construction, Mining: 16,800; +300
- Other Jobs: 11,800; +100
- IT & Development: 4,300; no change
Data is based on the most recent 12 months available, through July 2021 (Data published September 2021 and reports created on September 1, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.