Overall unemployment rate stayed flat at 5.2% with the biggest shift in Restaurants & Hotels, which gained 100 roles, based on the most recently available information published in May 2023.
Total employment in the Rocky Mount, NC market rose by 804 jobs in March and the unemployment rate stayed flat. The national unemployment rate decreased by 27 bps over the same time to 3.6%.
- Rocky Mount, NC unemployment rate is 158 bps above the national rate which is a negative sign.
- Unemployment in the market is equal to the unemployment rate in the market last year at this time.
- Average wages (per hour) declined in March versus prior month by -1.9% and are down compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
For key employment segments of the market, total jobs grew by 0.2% . Key sectors include:
- Transportation & Utilities: 11,500; +100
- Manufacturing: 10,900; no change
- Government: 10,600; -100
- Education & Healthcare: 6,600; no change
- Restaurants & Hotels: 5,200; +100
- Business Services: 4,000; no change
- Construction, Mining: 2,600; no change
Employment Change by Key Sector
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.