Overall unemployment rate moved down to 3.9% with the biggest shift in Transportation & Utilities, which gained 1,600 roles, based on the most recently available information published in December 2021.
Total employment in the Greensboro-High Point, NC market rose by 334 jobs in November and the unemployment rate decreased compared to the prior month by 30 bps to 3.9%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Greensboro-High Point, NC unemployment rate is 1 bps above the national rate which is a negative sign.
- Unemployment in the market is 330 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 6.8% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.2% . Key sectors include:
- Transportation & Utilities: 81,600; +1,600
- Manufacturing: 52,400; +200
- Education & Healthcare: 49,700; -600
- Business Services: 45,700; -100
- Government: 41,800; +400
- Restaurants & Hotels: 32,200; -200
- Financial Services: 17,800; -400
- Construction, Mining: 16,400; -100
- Other Jobs: 11,600; no change
- IT & Development: 4,300; no change
Data is based on the most recent 12 months available, through November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.