Overall unemployment rate stayed flat at 4.0% with the biggest shift in Education & Healthcare, which gained 700 roles, based on the most recently available information published in April 2023.
Total employment in the Greensboro-High Point, NC market declined by 679 jobs in February and the unemployment rate stayed flat. The national unemployment rate increased by 3 bps over the same time to 3.9%.
- Greensboro-High Point, NC unemployment rate is 11 bps above the national rate which is a negative sign.
- Unemployment in the market is 10 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in February versus prior month by 12.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Transportation & Utilities: 83,000; -200
- Education & Healthcare: 54,100; +700
- Manufacturing: 50,900; +300
- Business Services: 45,600; -500
- Government: 44,200; +700
- Restaurants & Hotels: 36,100; no change
- Construction, Mining: 17,700; +300
- Financial Services: 16,600; -100
- Other Jobs: 12,600; no change
- IT & Development: 4,000; no change
Data is based on the most recent 12 months available, through February 2023 (Data published April 2023 and reports created on April 10, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.