Rivers East Workforce Development Board

Regional Labor Market Snapshot

Region Q

L A B O RMARKET OVERVIEW

NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | lead@nccommerce.com

-2%

0%

2%

4%

Feb-16

May-16

Aug-16

Nov-16

Feb-17

May-17

Aug-17

Nov-17

Feb-18

May-18

Aug-18

Nov-18

Feb-19

May-19

Aug-19

Nov-19

Feb-20

February 2020UnemploymentRates*

Region Q4.2%

2.9 3.7 4.5 5.9 7.8 13.3

April 2020

Pitt3.9%

Hertford5.1%

Beaufort4.4%

Bertie5.3%

Martin4.6%

Trending

REgIOnAl EMplOyMEnT*

1,611 More people Workingin February than previous month

128 More people Workingthan same period one year ago

Rivers East Total = 131,295

OnlInE JOB ADs

UnEMplOyMEnT*

Rivers East Total = 5,685February 2020

Current previous

Region 4.2% 4.6%

nC 3.7% 4.1%

Us 3.8% 4.0%

TAxABlE RETAIl sAlEs

6.5% Higherthan same period one year ago

Rivers East Total = $344,954,952

Source: NC Dept. of RevenueNote: January 2020 data most current available at time of release.

800 More Jobsin February than previous month

Greenville Total = 81,300METRO JOB gROWTH*

300 Fewer Jobsthan same period one year ago

*February 2020 data are preliminary, previous month’s data are revised while all other data have undergone annual revision All data produced in this publicationare generated by LEAD unless otherwise stated.

This workforce product was funded by a grant awarded by the U.S. Department of Labor’s Employment and Training Administration. For more information, please visit http://www.nccommerce.com/lead/lmo.

5-yearpercent Change in number Employed*

Source: LAUS, Labor & Economic Analysis, NC Dept. of Commerce

2,260 Online Advertised Vacanciesover past 90 days

46 More Vacanciesthan same period one year agoSource: LEAD/The Conference Board

Last Year’s Employment & Wages by Industry2nd Quarter 2019Industry Establishments Avg. Employment Total Wages

Construction 520 4,913 $63,294,864Manufacturing 197 12,411 $173,752,692

Wholesale Trade 285 2,875 $32,820,846

Retail Trade 937 14,205 $93,485,914

Transportation & Warehousing 246 2,001 $21,987,988

Finance & Insurance 383 2,158 $31,241,019

Real Estate & Rental & Leasing 286 1,221 $11,335,644

Prof., Scientific, & Tech. Services 490 2,294 $32,740,586

Health Care & Social Assistance 715 23,889 $268,511,133

Arts, Entertainment, & Recreation 91 941 $3,756,883

Accommodation & Food Services 567 12,128 $43,489,060

Other Services 529 2,306 $16,655,361

Rivers East Workforce Development Board

L A B O RMARKET OVERVIEW

February 2020 January 2020 December 2019 February 2019

Beaufort

Labor Force 19,604 19,445 19,549 19,871

Employed 18,736 18,500 18,792 18,890

Unemployed 868 945 757 981

Rate 4.4 4.9 3.9 4.9

Bertie

Labor Force 7,899 7,888 7,877 8,035

Employed 7,483 7,449 7,557 7,622

Unemployed 416 439 320 413

Rate 5.3 5.6 4.1 5.1

Hertford

Labor Force 9,250 9,187 9,195 9,289

Employed 8,782 8,687 8,811 8,774

Unemployed 468 500 384 515

Rate 5.1 5.4 4.2 5.5

Martin

Labor Force 9,107 9,099 9,131 9,284

Employed 8,689 8,631 8,743 8,780

Unemployed 418 468 388 504

Rate 4.6 5.1 4.2 5.4

pitt

Labor Force 91,120 90,280 90,462 91,076

Employed 87,605 86,417 87,238 87,101

Unemployed 3,515 3,863 3,224 3,975

Rate 3.9 4.3 3.6 4.4

Civilian labor Force Estimates*

February 2020 data are preliminary, previous month’s data are revised while all other data have undergone annual revision All data produced in this publication are generated by LEAD unless otherwise stated..

NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | lead@nccommerce.com

This workforce product was funded by a grant awarded by the U.S. Department of Labor’s Employment and Training Administration. The product was created by the recipient and does not necessarily reflect the official position of the U.S. Department of Labor. The Department of Labor makes no guarantees, warranties, or assurances of any kind, express or implied, with respect to such information, including any information on linked sites and including, but not limited to, accuracy of the information or its completeness, timeliness, usefulness, adequacy, continued availability, or ownership. This product is copyrighted by the institution that created it. Internal use by an organization and/or personal use by an individual for non-commercial purposes is permissible. All other uses require the prior authorization of the copyright owner.”

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