Overall unemployment rate moved down to 5.2% with the biggest shift in Restaurants & Hotels, which gained 1,000 roles, based on the most recently available information published in April 2021.
Total employment in the Greensboro-High Point, NC market rose by 3,130 jobs in March and the unemployment rate decreased compared to the prior month by 110 bps to 5.2%. The national unemployment rate decreased by 38 bps over the same time to 6.2%.
- Greensboro-High Point, NC unemployment rate is 98 bps below the national rate which is a positive sign.
- Unemployment in the market is 100 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in March versus prior month by 0.3% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.8% . Key sectors include:
- Transportation & Utilities: 77,200; +300
- Manufacturing: 50,200; +100
- Education & Healthcare: 50,100; +200
- Business Services: 45,500; +500
- Government: 42,200; +300
- Restaurants & Hotels: 30,900; +1,000
- Financial Services: 18,000; +100
- Construction, Mining: 16,100; +200
- Other Jobs: 11,400; +100
- IT & Development: 4,300; -100
Data is based on the most recent 12 months available, through March 2021 (Data published April 2021 and reports created on April 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.