Overall unemployment rate moved up to 5.6% with the biggest shift in Government, which lost 4,900 roles, based on the most recently available information published in July 2021.
Total employment in the Greensboro-High Point, NC market rose by 1,019 jobs in June and the unemployment rate increased compared to the prior month by 50 bps to 5.6%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Greensboro-High Point, NC unemployment rate is 49 bps below the national rate which is a positive sign.
- Unemployment in the market is 480 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 4.1% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.6%. Key sectors include:
- Transportation & Utilities: 78,500; +500
- Education & Healthcare: 50,900; +300
- Manufacturing: 50,700; +500
- Business Services: 45,000; +900
- Government: 37,700; -4,900
- Restaurants & Hotels: 32,300; +200
- Financial Services: 18,000; +100
- Construction, Mining: 16,600; +100
- Other Jobs: 11,700; +200
- IT & Development: 4,300; no change
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.