Overall unemployment rate moved down to 4.3% with the biggest shift in Restaurants & Hotels, which gained 900 roles, based on the most recently available information published in June 2021.
Total employment in the Winston-Salem, NC market declined by 1,139 jobs in April and the unemployment rate decreased compared to the prior month by 10 bps to 4.3%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Winston-Salem, NC unemployment rate is 145 bps below the national rate which is a positive sign.
- Unemployment in the market is 880 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in April versus prior month by -0.2% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.1%. Key sectors include:
- Education & Healthcare: 55,600; -200
- Transportation & Utilities: 49,400; -300
- Business Services: 35,700; -400
- Manufacturing: 32,800; -100
- Government: 29,900; -200
- Restaurants & Hotels: 25,200; +900
- Financial Services: 12,900; no change
- Construction, Mining: 11,900; no change
- Other Jobs: 8,200; no change
- IT & Development: 1,600; no change
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.