Overall unemployment rate moved down to 4.3% with the biggest shift in Government, which gained 3,900 roles, based on the most recently available information published in November 2021.
Total employment in the Greensboro-High Point, NC market rose by 5,362 jobs in September and the unemployment rate decreased compared to the prior month by 80 bps to 4.3%. The national unemployment rate decreased by 72 bps over the same time to 4.6%.
- Greensboro-High Point, NC unemployment rate is 26 bps below the national rate which is a positive sign.
- Unemployment in the market is 390 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in September versus prior month by 5.2% 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: 78,300; +700
- Manufacturing: 50,700; -100
- Education & Healthcare: 50,000; no change
- Business Services: 44,700; no change
- Government: 40,700; +3,900
- Restaurants & Hotels: 32,000; -900
- Financial Services: 18,100; -100
- Construction, Mining: 16,700; +100
- Other Jobs: 11,500; -100
- IT & Development: 4,300; no change
Data is based on the most recent 12 months available, through September 2021 (Data published November 2021 and reports created on November 3, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.