Overall unemployment rate stayed flat at 3.1% with the biggest shift in Government, which gained 900 roles, based on the most recently available information published in May 2023.
Total employment in the Durham-Chapel Hill, NC market rose by 3,438 jobs in March and the unemployment rate stayed flat. The national unemployment rate decreased by 27 bps over the same time to 3.6%.
- Durham-Chapel Hill, NC unemployment rate is 52 bps below the national rate which is a positive sign.
- Unemployment in the market is 20 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 12.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Education & Healthcare: 75,400; +600
- Government: 65,700; +900
- Business Services: 60,300; +200
- Transportation & Utilities: 40,400; -300
- Manufacturing: 29,500; no change
- Restaurants & Hotels: 27,200; +200
- Financial Services: 16,300; no change
- Other Jobs: 11,600; +100
- Construction, Mining: 10,000; -100
- IT & Development: 6,200; no change
Data is based on the most recent 12 months available, through March 2023 (Data published May 2023 and reports created on May 9,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.