Overall unemployment rate moved up to 4.0% with the biggest shift in Government, which lost 1,200 roles, based on the most recently available information published in August 2022.

Total employment in the Winston-Salem, NC market declined by 2,217 jobs in June and the unemployment rate increased compared to the prior month by 40 bps to 4.0%. The national unemployment rate increased by 46 bps over the same time to 3.8%.

  • Winston-Salem, NC unemployment rate is 16 bps above the national rate which is a negative sign.
  • Unemployment in the market is 140 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in June versus prior month by 4.6% and are down compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Winston-Salem, NC Unemployment June 2022

For key employment segments of the market, total jobs declined by -0.1%. Key sectors include:

  • Education & Healthcare: 57,600; no change
  • Transportation & Utilities: 51,400; +200
  • Manufacturing: 34,600; +300
  • Business Services: 33,100; -300
  • Government: 29,800; -1,200
  • Restaurants & Hotels: 29,200; +500
  • Financial Services: 13,600; no change
  • Construction, Mining: 12,400; +200
  • Other Jobs: 9,000; no change
  • IT & Development: 1,700; no change
Winston-Salem, NC Unemployment by Industry June 2022

Data is based on the most recent 12 months available, through June 2022 (Data published August 2022 and reports created on August 3, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.