North Carolina s December County and Area Employment Figures Released

Transcription

1 For Immediate Release: February 1, 2018 For More Information, Contact: Beth Gargan/ North Carolina s December County and Area Employment Figures Released RALEIGH Unemployment rates (not seasonally adjusted) decreased in 56 of North Carolina s counties in December, increased in 20, and remained unchanged in 24. Hyde County had the highest unemployment rate at 10.6 percent, while Buncombe County had the lowest at 3.4 percent. Eleven of the state s metro areas experienced rate decreases and four remained unchanged. Among the metro areas, Rocky Mount at 6.3 percent had the highest rate and Asheville had the lowest rate at 3.6 percent. The December not seasonally adjusted statewide rate was 4.4 percent. Counties With Rates Counties With Rates Counties With Rates 5% or Below Between 5% and 10% 10% or Above December November (Revised) When compared to the same month last year, not seasonally adjusted unemployment rates decreased in 98 counties and remained unchanged in two. All 15 metro areas experienced rate decreases over the year. The number of workers employed statewide (not seasonally adjusted) decreased in December by 37,295 to 4,684,502, while those unemployed decreased 6,047 to 215,792. Since December 2016, the number of workers employed statewide increased 34,669, while those unemployed decreased 22,548. It is important to note that employment estimates are subject to large seasonal patterns; therefore, it is advisable to focus on over-the-year changes in the not seasonally adjusted estimates. The next unemployment update is scheduled for Monday, March 12, 2018 when the state unemployment rate for January 2018 will be released. This information can be accessed on the Commerce website at

2 County Labor Force Unemployed Rate County Labor Force Unemployed Rate STATEWIDE 4,900, , ALAMANCE 79,995 3, JOHNSTON 93,113 3, ALEXANDER 17, JONES 4, ALLEGHANY 4, LEE 26,577 1, ANSON 10, LENOIR 27,993 1, ASHE 12, LINCOLN 42,664 1, AVERY 7, MCDOWELL 20, BEAUFORT 19,790 1, MACON 14, BERTIE 8, MADISON 9, BLADEN 14, MARTIN 9, BRUNSWICK 48,692 2, MECKLENBURG 597,141 24,564 BUNCOMBE 135,623 4, MITCHELL 5, BURKE 39,898 1, MONTGOMERY 11, CABARRUS 103,094 4, MOORE 39,635 1, CALDWELL 35,887 1, NASH 43,499 2, CAMDEN 4, NEW HANOVER 118,606 4,915 CARTERET 31,159 1, NORTHAMPTON 7, CASWELL 9, ONSLOW 63,844 3, CATAWBA 76,432 3,126 ORANGE 76,727 2, CHATHAM 34,729 1, PAMLICO 5, CHEROKEE 10, PASQUOTANK 17, CHOWAN 5, PENDER 27,048 1, CLAY 3, PERQUIMANS 5, CLEVELAND 47,121 2, PERSON 18, COLUMBUS 21,820 1, PITT 87,122 4, CRAVEN 41,361 1, POLK 8, CUMBERLAND 128,465 7, RANDOLPH 66,794 2, CURRITUCK 12, RICHMOND 16,459 1, DARE 17,860 1, ROBESON 50,005 3, DAVIDSON 79,519 3, ROCKINGHAM 41,195 2, DAVIE 20, ROWAN 66,233 2, DUPLIN 24,977 1, RUTHERFORD 24,330 1, DURHAM 163,903 6, SAMPSON 28,730 1, EDGECOMBE 22,481 1, SCOTLAND 11, FORSYTH 181,921 7, STANLY 29,668 1, FRANKLIN 30,323 1, STOKES 22, GASTON 108,283 4, SURRY 33,444 1, GATES 5, SWAIN 6, GRAHAM 3, TRANSYLVANIA 13, GRANVILLE 29,780 1, TYRRELL 1, GREENE 9, UNION 118,568 4, GUILFORD 258,026 11, VANCE 17,640 1, HALIFAX 20,422 1, WAKE 573,596 21, HARNETT 52,401 2, WARREN 6, HAYWOOD 28,621 1, WASHINGTON 4, HENDERSON 52,586 2, WATAUGA 28,690 1, HERTFORD 9, WAYNE 52,097 2, HOKE 19,975 1, WILKES 31,491 1,305 HYDE 1, WILSON 35,393 2, IREDELL 86,595 3,590 YADKIN 17, JACKSON 18, YANCEY 7, Not Seasonally Adjusted Estimates subject to monthly and annual revisions. NORTH CAROLINA CIVILIAN LABOR FORCE ESTIMATES Preliminary Statewide and County Data for December 2017 North Carolina Department of Commerce Labor & Economic Analysis Division Local Area Unemployment Statistics (919)

3 NORTH CAROLINA COUNTY MONTHLY AND YEARLY UNEMPLOYMENT RATE CHANGES County December November December OTM OTY December November December OTM OTY County STATEWIDE ALAMANCE JOHNSTON ALEXANDER JONES ALLEGHANY LEE ANSON LENOIR ASHE LINCOLN AVERY MCDOWELL BEAUFORT MACON BERTIE MADISON BLADEN MARTIN BRUNSWICK MECKLENBURG BUNCOMBE MITCHELL BURKE MONTGOMERY CABARRUS MOORE CALDWELL NASH CAMDEN NEW HANOVER CARTERET NORTHAMPTON CASWELL ONSLOW CATAWBA ORANGE CHATHAM PAMLICO CHEROKEE PASQUOTANK CHOWAN PENDER CLAY PERQUIMANS CLEVELAND PERSON COLUMBUS PITT CRAVEN POLK CUMBERLAND RANDOLPH CURRITUCK RICHMOND DARE ROBESON DAVIDSON ROCKINGHAM DAVIE ROWAN DUPLIN RUTHERFORD DURHAM SAMPSON EDGECOMBE SCOTLAND FORSYTH STANLY FRANKLIN STOKES GASTON SURRY GATES SWAIN GRAHAM TRANSYLVANIA GRANVILLE TYRRELL GREENE UNION GUILFORD VANCE HALIFAX WAKE HARNETT WARREN HAYWOOD WASHINGTON HENDERSON WATAUGA HERTFORD WAYNE HOKE WILKES HYDE WILSON IREDELL YADKIN JACKSON YANCEY Not Seasonally Adjusted December 2017 data are preliminary, while November 2017 data have been monthly revised and December 2016 data have been annually revised. North Carolina Department of Commerce Labor & Economic Analysis Division Local Area Unemployment Statistics (919)

4 METROPOLITAN AND MICROPOLITAN STATISTICAL AREAS CIVILIAN LABOR FORCE ESTIMATES Preliminary Data for December 2017 Metropolitan Statistical Area Labor Force Unemployed Rate ASHEVILLE 226,596 8, BURLINGTON 79,995 3, CHARLOTTE-CONCORD-GASTONIA 1,306,178 54, DURHAM-CHAPEL HILL 293,754 11, FAYETTEVILLE 148,440 8, GOLDSBORO 52,097 2, GREENSBORO-HIGH POINT 366,015 16, GREENVILLE 87,122 4, HICKORY-LENOIR-MORGANTON 170,022 7, JACKSONVILLE 63,844 3, NEW BERN 51,190 2, RALEIGH 697,032 26, ROCKY MOUNT 65,980 4, WILMINGTON 145,654 6, WINSTON-SALEM 321,219 13, Micropolitan Statistical Area Labor Force Unemployed Rate ALBEMARLE 29,668 1, BOONE 28,690 1, BREVARD 13, CULLOWHEE 18, DUNN 52,401 2, ELIZABETH CITY 26,900 1, FOREST CITY 24,330 1, HENDERSON 17,640 1, KILL DEVIL HILLS 19,220 1, KINSTON 27,993 1, LAURINBURG 11, LUMBERTON 50,005 3, MARION 20, MOREHEAD CITY 31,159 1, MOUNT AIRY 33,444 1, NORTH WILKESBORO 31,491 1,305 OXFORD 29,780 1, PINEHURST-SOUTHERN PINES 39,635 1, ROANOKE RAPIDS 28,170 1, ROCKINGHAM 16,459 1, SANFORD 26,577 1, SHELBY 47,121 2, WASHINGTON 19,790 1, WILSON 35,393 2, COMBINED STATISTICAL AREAS CIVILIAN LABOR FORCE ESTIMATES Preliminary Data for December 2017 Combined Statistical Area Labor Force Unemployed Rate ASHEVILLE-BREVARD 240,366 8, CHARLOTTE-CONCORD 1,382,967 57, FAYETTEVILLE-LUMBERTON-LAURINBURG 209,863 12, GREENSBORO-WINSTON-SALEM-HIGH POINT 800,673 35, GREENVILLE-WASHINGTON 106,912 5, HICKORY-LENOIR 190,507 7,888 NEW BERN-MOREHEAD CITY 82,349 3, RALEIGH-DURHAM-CHAPEL HILL 1,117,184 43, ROCKY MOUNT-WILSON-ROANOKE RAPIDS 129,543 8, Not Seasonally Adjusted Estimates subject to monthly and annual revisions. North Carolina Department of Commerce Labor & Economic Analysis Division Local Area Unemployment Statistics (919)

5 Metropolitan Statistical Area December November December OTM OTY ASHEVILLE BURLINGTON CHARLOTTE-CONCORD-GASTONIA DURHAM-CHAPEL HILL FAYETTEVILLE GOLDSBORO GREENSBORO-HIGH POINT GREENVILLE HICKORY-LENOIR-MORGANTON JACKSONVILLE NEW BERN RALEIGH ROCKY MOUNT WILMINGTON WINSTON-SALEM Micropolitan Statistical Area December November December OTM OTY ALBEMARLE BOONE BREVARD CULLOWHEE DUNN ELIZABETH CITY FOREST CITY HENDERSON KILL DEVIL HILLS KINSTON LAURINBURG LUMBERTON MARION MOREHEAD CITY MOUNT AIRY NORTH WILKESBORO OXFORD PINEHURST-SOUTHERN PINES ROANOKE RAPIDS ROCKINGHAM SANFORD SHELBY WASHINGTON WILSON COMBINED STATISTICAL AREAS MONTHLY AND YEARLY UNEMPLOYMENT RATE CHANGES Combined Statistical Area December November December OTM OTY ASHEVILLE-BREVARD CHARLOTTE-CONCORD FAYETTEVILLE-LUMBERTON-LAURINBURG GREENSBORO-WINSTON-SALEM-HIGH POINT GREENVILLE-WASHINGTON HICKORY-LENOIR NEW BERN-MOREHEAD CITY RALEIGH-DURHAM-CHAPEL HILL ROCKY MOUNT-WILSON-ROANOKE RAPIDS Not Seasonally Adjusted METROPOLITAN AND MICROPOLITAN STATISTICAL AREAS MULTICOUNTY SMALL LABOR MARKET AREA MONTHLY AND YEARLY UNEMPLOYMENT RATE CHANGES December 2017 data are preliminary, while November 2017 data have been monthly revised and December 2016 data have been annually revised. North Carolina Department of Commerce Labor & Economic Analysis Division Local Area Unemployment Statistics (919)

6 NORTH CAROLINA COUNTY RANKINGS Preliminary Data for December 2017 County Labor Force Unemployed Rate Rank County Labor Force Unemployed Rate Rank BUNCOMBE 135,623 4, % 1 SAMPSON 28,730 1, % 51 ORANGE 76,727 2, % 2 CURRITUCK 12, % 52 ALEXANDER 17, % 3 GUILFORD 258,026 11, % 53 WATAUGA 28,690 1, % 4 JONES 4, % 54 WAKE 573,596 21, % 5 CLEVELAND 47,121 2, % 55 CHATHAM 34,729 1, % 6 PITT 87,122 4, % 56 HENDERSON 52,586 2, % 7 CRAVEN 41,361 1, % 57 UNION 118,568 4, % 8 PENDER 27,048 1, % 58 YADKIN 17, % 9 PAMLICO 5, % 59 GRANVILLE 29,780 1, % 10 CASWELL 9, % 60 HAYWOOD 28,621 1, % 11 SWAIN 6, % 61 DURHAM 163,903 6, % 12 DUPLIN 24,977 1, % 62 LINCOLN 42,664 1, % 13 LEE 26,577 1, % 63 JOHNSTON 93,113 3, % 14 ANSON 10, % 64 CABARRUS 103,094 4, % 15 HARNETT 52,401 2, % 65 MCDOWELL 20, % 16 WAYNE 52,097 2, % 66 ALAMANCE 79,995 3, % 17 ONSLOW 63,844 3, % 67 ASHE 12, % 18 MITCHELL 5, % 68 MADISON 9, % 19 CLAY 3, % 69 CATAWBA 76,432 3,126 % 20 ROCKINGHAM 41,195 2, % 70 MECKLENBURG 597,141 24,564 % 21 BEAUFORT 19,790 1, % 71 DAVIE 20, % 22 ALLEGHANY 4, % 72 NEW HANOVER 118,606 4,915 % 23 CHEROKEE 10, % 73 WILKES 31,491 1,305 % 24 CHOWAN 5, % 74 IREDELL 86,595 3,590 % 25 HOKE 19,975 1, % 75 POLK 8, % 26 CUMBERLAND 128,465 7, % 76 SURRY 33,444 1, % 27 HERTFORD 9, % 77 BURKE 39,898 1, % 28 COLUMBUS 21,820 1, % 78 STANLY 29,668 1, % 29 NASH 43,499 2, % 79 STOKES 22, % 30 PASQUOTANK 17, % 80 DAVIDSON 79,519 3, % 31 MARTIN 9, % 81 RANDOLPH 66,794 2, % 32 PERQUIMANS 5, % 82 FORSYTH 181,921 7, % 33 RUTHERFORD 24,330 1, % 83 AVERY 7, % 34 BLADEN 14, % 84 YANCEY 7, % 35 BERTIE 8, % 85 GREENE 9, % 36 RICHMOND 16,459 1, % 86 PERSON 18, % 37 BRUNSWICK 48,692 2, % 87 MONTGOMERY 11, % 38 NORTHAMPTON 7, % 88 CAMDEN 4, % 39 VANCE 17,640 1, % 89 MACON 14, % 40 ROBESON 50,005 3, % 90 TRANSYLVANIA 13, % 41 WILSON 35,393 2, % 91 FRANKLIN 30,323 1, % 42 DARE 17,860 1, % 92 MOORE 39,635 1, % 43 WARREN 6, % 93 GATES 5, % 44 HALIFAX 20,422 1, % 94 LENOIR 27,993 1, % 45 WASHINGTON 4, % 95 ROWAN 66,233 2, % 46 GRAHAM 3, % 96 GASTON 108,283 4, % 47 EDGECOMBE 22,481 1, % 97 CALDWELL 35,887 1, % 48 SCOTLAND 11, % 98 CARTERET 31,159 1, % 49 TYRRELL 1, % 99 JACKSON 18, % 50 HYDE 1, % 100 Not Seasonally Adjusted Estimates subject to monthly and annual revisions. North Carolina Department of Commerce Labor & Economic Analysis Division Local Area Unemployment Statistics (919)

7 Technical Notes This release presents labor force and unemployment estimates from the Local Area Unemployment Statistics (LAUS) program. The LAUS program is a federal-state cooperative endeavor. Labor force and unemployment--from the LAUS program Definitions. The labor force and unemployment estimates are based on the same concepts and definitions as those used for the official national estimates obtained from the Current Population Survey (CPS), a sample survey of households that is conducted for the Bureau of Labor Statistics (BLS) by the U.S. Census Bureau. The LAUS program measures employment and unemployment on a place-of-residence basis. The universe for each is the civilian noninstitutional population 16 years of age and over. Employed persons are those who did any work at all for pay or profit in the reference week (the week including the 12th of the month) or worked 15 hours or more without pay in a family business or farm, plus those not working who had a job from which they were temporarily absent, whether or not paid, for such reasons as bad weather, labor-management dispute, illness, or vacation. Unemployed persons are those who were not employed during the reference week (based on the definition above), had actively looked for a job sometime in the 4-week period ending with the reference week, and were currently available for work; persons on lay-off expecting recall need not be looking for work to be counted as unemployed. The labor force is the sum of employed and unemployed persons. The unemployment rate is the number of unemployed as a percent of the labor force. Method of estimation. Statewide estimates are produced using an estimation algorithm administered by the BLS. This method, which underwent substantial enhancement at the beginning of 2015, utilizes data from several sources, including the CPS, Current Employment Statistics (CES), and state unemployment insurance (UI) programs. Substate estimates are produced using the LAUS Handbook Method, which is also based on data from several sources. Each month, census division estimates are controlled to national totals, and state estimates are then controlled to their respective division totals. Substate estimates are controlled to their respective state totals. For more information about LAUS estimation procedures, see the BLS website at Revisions. Labor force and unemployment data for the previous month reflect adjustments made in each subsequent month, while data for prior years reflect adjustments made at the end of each year. The monthly revisions incorporate updated model inputs, while the annually revised estimates reflect updated population data from the U.S. Census Bureau, any revisions in the other data sources, and model reestimation. Area definitions. The substate area data published in this release reflect the delineations that were issued by the U.S. Office of Management and Budget on July 15, A detailed list of the geographic definitions is available online at Reliability of the estimates The estimates presented in this release are based on sample surveys, administrative data, and modeling and, thus, are subject to sampling and other types of errors. Sampling error is a measure of sampling variability--that is, variation that occurs by chance because a sample rather than the entire population is surveyed. Survey data also are subject to nonsampling errors, such as those which can

8 be introduced into the data collection and processing operations. Estimates not directly derived from sample surveys are subject to additional errors resulting from the specific estimation processes used. Model-based error measures for seasonally adjusted and not seasonally adjusted data and for overthe-month and over-the-year changes to LAUS statewide estimates are available online at Release Dates The next unemployment update is scheduled for Monday, March 12, 2018 when the state unemployment rate for January 2018 will be released. The complete 2018 data release schedule can be accessed at:

9 North Carolina County Labor Market Conditions December 2017 Counties With Highest Unemployment Rates December 2017* (Not Seasonally Adjusted) 15% 10% 5% 0% Counties With Lowest Unemployment Rates December 2017* (Not Seasonally Adjusted) 6% 10.6% 9.1% 8.0% 7.5% 7.5% Hyde Tyrrell Scotland Edgecombe Graham North Carolina s statewide unemployment rate (not seasonally adjusted) was 4.4 percent in December. This decreased 0.1 of a percentage point from November s revised rate, while falling 0.5 of a percentage point over the year. Over the month, the unemployment rate decreased in 56 of 100 counties Fortytwo counties had unemployment rates at or below the state s 4.4 percent rate. Hyde County recorded December s highest unemployment rate at 10.6 percent, followed by Tyrrell at 9.1 percent, Scotland at 8.0 percent, Edgecombe & Graham at 7.5 percent, and Washington at 7.3 percent. Buncombe County had the lowest unemployment rate at 3.4 percent, followed by Orange at 3.6 percent, and Alexander, Watauga, & Wake at 3.7 percent. 3% 0% 3.4% 3.6% 3.7% 3.7% 3.7% Buncombe Orange Alexander Watauga Wake Unemployment rates decreased in 11 of the state s 15 Metropolitan Statistical Areas (MSAs) over the month. The Rocky Mount MSA had the highest unemployment rate in December at 6.3 percent, followed by Fayetteville at 5.5 percent, and Goldsboro & Jacksonville at 5.0 percent. Asheville reported the month s lowest unemployment rate at 3.6 percent, followed by Durham/Chapel Hill & Raleigh at 3.8 percent. Metropolitan Statistical Areas Unemployment Rates December 2017* (Not Seasonally Adjusted) 8% 6% 4% 4.4% 3.6% 3.8% 3.8% 4.0% 4.2% 4.2% 4.2% 4.3% 4.6% 4.7% 4.7% 5.0% 5.0% 5.5% 6.3% 2% 0% North Carolina Asheville Durham/ Chapel Hill Raleigh Burlington Charlotte/Concord/ Gastonia, NC-SC Hickory/Lenoir/ Morganton Winston-Salem Wilmington Greensboro/ High Point Greenville New Bern Goldsboro Jacksonville Fayetteville Rocky Mount *All December 2017 data are preliminary. Labor & Economic Analysis Division North Carolina Department of Commerce 1 of 6

10 North Carolina County Labor Market Conditions Asheville MSA Total Nonfarm Employment December 2017 UN Rate 3.6% Total Nonfarm 192,700 Monthly (-200) -0.1% Yearly (3,300) 1.7% Over-the-Month Employment Mining, Logging & Construction 0 0.0% Manufacturing % Trade, Transportation & Utilities % Professional & Business Services % Education & Health Services 0 0.0% Leisure & Hospitality % Government % Over-the-Year Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities % Financial Activities % Professional & Business Services % Education & Health Services % Leisure & Hospitality 1, % Other Services % Government % Burlington MSA Total Nonfarm Employment December 2017 UN Rate 4.0% Total Nonfarm 63,400 Monthly (400) 0.6% Yearly (1,100) 1.8% Over-the-Month Employment Mining, Logging & Construction 0 0.0% Manufacturing 0 0.0% Trade, Transportation & Utilities % Professional & Business Services 0 0.0% Education & Health Services 0 0.0% Leisure & Hospitality % Government 0 0.0% Over-the-Year Employment Mining, Logging & Construction % Manufacturing 0 0.0% Trade, Transportation & Utilities % Professional & Business Services % Education & Health Services 500 % Leisure & Hospitality % Other Services % Government 0 0.0% Charlotte/Concord/Gastonia, NC-SC MSA Total Nonfarm Employment December 2017 UN Rate 4.2% Total Nonfarm 1,198,500 Monthly (5,200) 0.4% Yearly (20,200) 1.7% Over-the-Month Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities 3, % Financial Activities % Professional & Business Services % Education & Health Services 1, % Leisure & Hospitality 1, % Other Services % Government % Over-the-Year Employment Mining, Logging & Construction 2, % Manufacturing % Trade, Transportation & Utilities 2, % Information % Financial Activities % Professional & Business Services 5, % Education & Health Services 2, % Leisure & Hospitality 2, % Other Services 1,600 % Government 3, % Durham/Chapel Hill MSA Total Nonfarm Employment December 2017 UN Rate 3.8% Total Nonfarm 315,300 Monthly (-1,600) -0.5% Yearly (4,900) 1.6% Over-the-Month Employment Mining, Logging & Construction % Manufacturing 0 0.0% Trade, Transportation & Utilities % Information % Financial Activities % Professional & Business Services % Education & Health Services % Leisure & Hospitality % Government % Over-the-Year Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities % Information % Financial Activities % Professional & Business Services 1, % Education & Health Services 1, % Leisure & Hospitality % Other Services % Government % Note: All data are Not Seasonally Adjusted. All December 2017 data are preliminary. Labor & Economic Analysis Division North Carolina Department of Commerce 3 of 6

11 North Carolina County Labor Market Conditions Fayetteville MSA Total Nonfarm Employment December 2017 UN Rate 5.5% Total Nonfarm 133,300 Monthly (400) 0.3% Yearly (1,800) 1.4% Over-the-Month Employment Mining, Logging & Construction 0 0.0% Manufacturing 0 0.0% Trade, Transportation & Utilities % Professional & Business Services 0 0.0% Education & Health Services % Leisure & Hospitality 0 0.0% Government % Over-the-Year Employment Mining, Logging & Construction 0 0.0% Manufacturing % Trade, Transportation & Utilities % Information % Professional & Business Services % Education & Health Services % Leisure & Hospitality % Government % Goldsboro MSA Total Nonfarm Employment December 2017 UN Rate 5.0% Total Nonfarm 41,700 Monthly (0) 0.0% Yearly (-100) -0.2% Over-the-Month Employment Mining, Logging & Construction * Manufacturing * Trade, Transportation & Utilities * Information * Financial Activities * Professional & Business Services * Education & Health Services * Leisure & Hospitality * Other Services * Government % Over-the-Year Employment Mining, Logging & Construction * Manufacturing * Trade, Transportation & Utilities * Information * Financial Activities * Professional & Business Services * Education & Health Services * Leisure & Hospitality * Other Services * Government % Greensboro/High Point MSA Total Nonfarm Employment December 2017 UN Rate 4.6% Total Nonfarm 364,200 Monthly (-1,600) -0.4% Yearly (-200) -0.1% Over-the-Month Employment Mining, Logging & Construction 0 0.0% Manufacturing % Trade, Transportation & Utilities % Financial Activities % Professional & Business Services -1, % Education & Health Services % Leisure & Hospitality % Government % Over-the-Year Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities % Information % Professional & Business Services 1, % Education & Health Services 1, % Leisure & Hospitality -3, % Government % Greenville MSA Total Nonfarm Employment December 2017 UN Rate 4.7% Total Nonfarm 79,600 Monthly (200) 0.3% Yearly (-500) -0.6% Over-the-Month Employment Mining, Logging & Construction % Manufacturing 0 0.0% Trade, Transportation & Utilities % Professional & Business Services 0 0.0% Education & Health Services 0 0.0% Leisure & Hospitality 0 0.0% Government % Over-the-Year Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities % Financial Activities % Professional & Business Services % Education & Health Services % Leisure & Hospitality % Other Services % Government % *Data not collected for these industrial sectors. Note: All data are Not Seasonally Adjusted. All December 2017 data are preliminary. Labor & Economic Analysis Division North Carolina Department of Commerce 4 of 6

12 North Carolina County Labor Market Conditions Hickory/Lenoir/Morganton MSA Total Nonfarm Employment December 2017 UN Rate 4.2% Total Nonfarm 153,100 Monthly (-300) -0.2% Yearly (500) 0.3% Over-the-Month Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities % Professional & Business Services % Education & Health Services % Leisure & Hospitality 0 0.0% Government % Over-the-Year Employment Mining, Logging & Construction 0 0.0% Manufacturing % Trade, Transportation & Utilities % Information % Professional & Business Services % Education & Health Services % Leisure & Hospitality % Government 0 0.0% Jacksonville MSA Total Nonfarm Employment December 2017 UN Rate 5.0% Total Nonfarm 50,000 Monthly (-100) -0.2% Yearly (700) 1.4% Over-the-Month Employment Mining, Logging & Construction * Manufacturing * Trade, Transportation & Utilities * Information * Financial Activities * Professional & Business Services * Education & Health Services * Leisure & Hospitality * Other Services * Government % Over-the-Year Employment Mining, Logging & Construction * Manufacturing * Trade, Transportation & Utilities * Information * Financial Activities * Professional & Business Services * Education & Health Services * Leisure & Hospitality * Other Services * Government 600 % New Bern MSA Total Nonfarm Employment December 2017 UN Rate 4.7% Total Nonfarm 45,200 Monthly (-300) -0.7% Yearly (0) 0.0% Over-the-Month Employment Mining, Logging & Construction * Manufacturing * Trade, Transportation & Utilities * Information * Financial Activities * Professional & Business Services * Education & Health Services * Leisure & Hospitality * Other Services * Government % Over-the-Year Employment Mining, Logging & Construction * Manufacturing * Trade, Transportation & Utilities * Information * Financial Activities * Professional & Business Services * Education & Health Services * Leisure & Hospitality * Other Services * Government 0 0.0% Raleigh MSA Total Nonfarm Employment December 2017 UN Rate 3.8% Total Nonfarm 631,100 Monthly (-1,700) -0.3% Yearly (16,600) 2.7% Over-the-Month Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities % Financial Activities % Professional & Business Services -1, % Education & Health Services % Leisure & Hospitality % Other Services % Government -1, % Over-the-Year Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities 1, % Information % Financial Activities 1, % Professional & Business Services 7, % Education & Health Services 1, % Leisure & Hospitality % Other Services % Government % *Data not collected for these industrial sectors. Note: All data are Not Seasonally Adjusted. All December 2017 data are preliminary. Labor & Economic Analysis Division North Carolina Department of Commerce 5 of 6

13 North Carolina County Labor Market Conditions Rocky Mount MSA Total Nonfarm Employment December 2017 UN Rate 6.3% Total Nonfarm 57,800 Monthly (-300) -0.5% Yearly (-1,000) -1.7% Over-the-Month Employment Mining, Logging & Construction 0 0.0% Manufacturing % Trade, Transportation & Utilities 0 0.0% Information * Financial Activities * Professional & Business Services 0 0.0% Education & Health Services 0 0.0% Leisure & Hospitality % Other Services * Government % Over-the-Year Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities % Information * Financial Activities * Professional & Business Services % Education & Health Services % Leisure & Hospitality 0 0.0% Other Services * Government 0 0.0% Wilmington MSA Total Nonfarm Employment December 2017 UN Rate 4.3% Total Nonfarm 128,500 Monthly (-200) -0.2% Yearly (4,400) 3.6% Over-the-Month Employment Mining, Logging & Construction % Manufacturing 0 0.0% Trade, Transportation & Utilities % Professional & Business Services % Education & Health Services % Leisure & Hospitality % Government 0 0.0% Over-the-Year Employment Mining, Logging & Construction 0 0.0% Manufacturing % Trade, Transportation & Utilities % Professional & Business Services 1, % Education & Health Services 1, % Leisure & Hospitality 1, % Other Services % Government % Winston-Salem MSA Total Nonfarm Employment December 2017 UN Rate 4.2% Total Nonfarm 266,000 Monthly (600) 0.2% Yearly (2,000) 0.8% Over-the-Month Employment Mining, Logging & Construction % Manufacturing 0 0.0% Trade, Transportation & Utilities % Financial Activities % Professional & Business Services % Education & Health Services % Leisure & Hospitality % Government % Over-the-Year Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities % Information % Financial Activities % Professional & Business Services % Education & Health Services 1, % Leisure & Hospitality % Other Services % Government 0 0.0% Note: All data are Not Seasonally Adjusted. All December 2017 data are preliminary. Over the month, net industry employment increased in 5 of 15 MSAs. Charlotte/Concord/Gastonia, NC-SC had the largest net employment increase with 5,200, followed by Winston-Salem, 600; Burlington, 400; Fayetteville, 400; and Greenville, 200. Burlington experienced the greatest percentage increase at 0.6 of a percentage point, followed by Charlotte/Concord/Gastonia, NC-SC, 0.4 of a percentage point; Fayetteville & Greenville, 0.3 of a percentage point. It is important to note that employment estimates are subject to large seasonal patterns; therefore, it is advisable to focus on over-the-year changes in the not seasonally adjusted series. Over the year, employment increased in 10 of 15 MSAs. Charlotte/Concord/Gastonia, NC-SC had the largest net employment increase at 20,200, followed by Raleigh, 16,600; Durham/Chapel Hill, 4,900; Wilmington, 4,400; and Asheville, 3,300. Wilmington had the greatest percentage increase at 3.6 percent, followed by Raleigh, 2.7 percent; and Burlington, 1.8 percent. Labor & Economic Analysis Division North Carolina Department of Commerce 6 of 6

14 North Carolina Unemployment Rates by County December 2017 CHEROKEE 5.4 GRAHAM 7.5 CLAY 5.1 SWAIN 4.9 MACON 4.4 JACKSON 4.6 HAYWOOD 3.9 MADISON TRANSYLVANIA 4.4 BUNCOMBE 3.4 HENDERSON 3.8 AVERY MITCHELL YANCEY 4.3 MCDOWELL 4.0 POLK 4.2 BURKE 4.2 RUTHERFORD 6.0 WATAUGA 3.7 ASHE CALDWELL 4.5 CLEVELAND 4.7 ALLEGHANY 5.3 WILKES ALEXANDER 3.7 CATAWBA IREDELL SURRY 4.2 YADKIN 3.8 DAVIE ROWAN 4.5 LINCOLN 3.9 CABARRUS 4.0 GASTON 4.5 MECKLENBURG UNION STOKES 4.2 FORSYTH 4.3 DAVIDSON 4.2 ROCKINGHAM CASWELL PERSON VANCE 4.3 GRANVILLE GUILFORD 4.6 RANDOLPH 4.2 ALAMANCE 4.0 ORANGE 3.6 CHATHAM 3.8 HOKE WAKE 3.7 ANSON RICHMOND SAMPSON DUPLIN CARTERET SCOTLAND 8.0 ROBESON 6.4 DURHAM 3.9 FRANKLIN 4.4 NASH 5.7 JOHNSTON LEE GREENE HARNETT WAYNE STANLY MONTGOMERY 5.0 MOORE LENOIR 4.5 CUMBERLAND 5.5 WARREN 6.9 WILSON 6.8 HALIFAX 7.1 BLADEN 6.0 PENDER 4.8 GATES CURRITUCK NORTHAMPTON HERTFORD CAMDEN 5.6 PASQUOTANK PERQUIMANS CHOWAN EDGECOMBE 7.5 PITT 4.7 JONES ONSLOW 5.0 MARTIN 5.7 CRAVEN 4.7 BERTIE 6.0 BEAUFORT 5.1 WASHINGTON 7.3 PAMLICO 4.8 TYRRELL 9.1 HYDE 10.6 DARE 6.8 December 2017 COLUMBUS 5.6 BRUNSWICK 6.1 NEW HANOVER > > = 20 Counties Higher Than Previous Month 56 Counties Lower Than Previous Month 24 Counties Same as Previous Month North Carolina Rate 4.4% Not Seasonally Adjusted Note: December 2017 data are preliminary. Prepared by the Labor & Economic Analysis, North Carolina Department of Commerce 1_2018

15 Januar y 2018 Monthly Dashboard* By all indications, 2017 was a good year for North Carolina s economy. However, job growth and unemployment estimates in December paint a conflicting picture of current conditions. We should have some clarity, following LEAD s Annual Data Revision process. At the beginning of each year, all monthly jobs and labor force estimates from our CES and LAUS programs are reevaluated using standard BLS methodologies. The general narrative about NC s economy won t be impacted our economy grew in 2017 but specific monthly numbers will almost certainly change. Our next data release won t be until March at which time, expect to see changes to last years numbers as well. NC 4.5% US % Unemployment Rate in Employed 12,081 (0.3%) 104,000 (0.1%) Unemployment Rate Trend 10.0% in Unemployed NC 4.4 percentage points from 8.9% in December 2012 Rate 8.0% North Carolina = 4.5% 6.0% 3.8 percentage points from 7.9% in December 2012 United States = % 2.0% NC 2017 US NH WI NV PA IA NE UT IL CA NY MI WY OH IN KS MO OK West Virginia 5.5 Virginia 3.7 RI NJ MD DC Tennessee 3.2 NC AR MS TX VA KY TN NM MA CT DE WV CO AZ 2.0 ME VT MN SD SC AL GA LA FL Alabama 3.5 AK North Carolina 4.5 South Carolina Georgia 4.4 HI Initial UI Claims 10,470 Individuals Filing 561 over the month 6,279 over the year Source: US Dept. of Labor, ETA Real Taxable Retail Sales $58.3M over the month $385.8M over the year Source: NC Dept. of Revenue Note: November 2017 data most current available at time of release. Residential Building Permits Philadelphia Federal Reserve Leading Indicators for North Carolina 0.9% over the month 13.7% over the year Month Projected Growth NC This leading index predicts the six-month growth rate of the state s economy (as measured by the Phili Fed s current indicator index). A positive number reflects economic growth, while a negative projects a decline. Employment 75,000 over the year ND ID Data 12,500 over the month WA MT 0.0 to 62.7% 4,457,700 Total Nonfarm Jobs Unemployment Rate Comparison OR 40,000 (0.6%) Labor Force Participation Rate 0.1 to 61.5% US 4.0% 8,755 (%) Source: United States Census Bureau Note: Includes multiple-unit housing. Job Postings % over the month 9.0% over the year Source: The Conference Board; BLS; LEAD Note: November 2017 data most current available at time of release. 1.0 Manufacturing Hours Worked 0.0% over the month Source: Federal Reserve Bank of Philadelphia Note: November 2017 data most current available. *All data produced in this publication are based off December 2017 figures, are generated by LEAD, and have been seasonally adjusted and/or smoothed unless otherwise stated. Dollar amounts have been adjusted for inflation using the Consumer Price Index. 0.2% over the year Note: Not Seasonally Adjusted NC Department of Commerce Labor & Economic Analysis Division lead@nccommerce.com

16 In Thousands Total Nonfarm Jobs 4,500 4,400 4,300 4,200 4,100 4,000 3,900 3, Labor Force Participation Rate 64% Average Real Weekly Earnings (Private Nonfarm Sector) $850 $800 $750 $700 $650 $ Initial Unemployment Insurance Claims 60 63% 62% 61% 60% 59% In Thousands % Residential Building Permits 6,000 5,000 4,000 3,000 2,000 1, Source: United States Census Bureau Note: Includes multiple-unit housing. In Millions Source: US Dept. of Labor, ETA Note: November 2017 data most current available at time of release. Real Taxable Retail Sales $14,000 $12,000 $10,000 $8,000 $6,000 $4, Source: NC Dept. of Revenue Note: November 2017 data most current available at time of release. Unemployment Rate By County (Not Seasonally Adjusted) Lowest Buncombe 3.4% Orange 3.6% Alexander 3.7% Watauga 3.7% Wake 3.7% Highest Hyde 10.6% Tyrrell 9.1% Scotland 8.0% Edgecombe 7.5% Graham 7.5% *All data produced in this publication are based off December 2017 figures, are generated by LEAD, and have been seasonally adjusted and/or smoothed unless otherwise stated. Dollar amounts have been adjusted for inflation using the Consumer Price Index. NC Department of Commerce Labor & Economic Analysis Division lead@nccommerce.com