Overall unemployment rate moved down to 2.8% with the biggest shift in Transportation & Utilities, which gained 300 roles, based on the most recently available information published in June 2023.
Total employment in the Durham-Chapel Hill, NC market rose by 976 jobs in April and the unemployment rate decreased compared to the prior month by 30 bps to 2.8%. The national unemployment rate decreased by 53 bps over the same time to 3.1%.
- Durham-Chapel Hill, NC unemployment rate is 30 bps below the national rate which is a positive sign.
- Unemployment in the market is equal to the unemployment rate in the market last year at this time.
- Average wages (per hour) grew in April versus prior month by 15.3% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.1% . Key sectors include:
- Education & Healthcare: 75,600; +300
- Government: 65,900; +200
- Business Services: 60,600; -300
- Transportation & Utilities: 40,700; +300
- Manufacturing: 29,400; no change
- Restaurants & Hotels: 27,000; -100
- Financial Services: 16,300; no change
- Other Jobs: 11,600; no change
- Construction, Mining: 10,000; no change
- IT & Development: 6,200; no change
Data is based on the most recent 12 months available, through April 2023 (Data published June 2023 and reports created on June 8,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.