Overall unemployment rate stayed flat at 3.9% with the biggest shift in Government, which gained 500 roles, based on the most recently available information published in May 2023.
Total employment in the Greensboro-High Point, NC market rose by 2,842 jobs in March and the unemployment rate stayed flat. The national unemployment rate decreased by 27 bps over the same time to 3.6%.
- Greensboro-High Point, NC unemployment rate is 28 bps above the national rate which is a negative sign.
- Unemployment in the market is 10 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 13.3% 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:
- Transportation & Utilities: 83,200; +300
- Education & Healthcare: 54,400; +300
- Manufacturing: 50,900; -100
- Business Services: 45,500; -400
- Government: 44,700; +500
- Restaurants & Hotels: 36,200; -400
- Construction, Mining: 17,600; -100
- Financial Services: 16,700; +100
- Other Jobs: 12,700; +100
- IT & Development: 3,900; -100
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.