North Carolina s January County and Area Employment Figures Released

Transcription

1 For Immediate Release: March 17, 2017 For More Information, Contact: Beth Gargan/ North Carolina s January County and Area Employment Figures Released RALEIGH Unemployment rates (not seasonally adjusted) increased in all 100 of North Carolina s counties in January. Hyde County had the highest unemployment rate at 16.3 percent, while Buncombe County had the lowest at 4.3 percent. All fifteen of the state s metro areas experienced rate increases. Among the metro areas, Rocky Mount at 7.9 percent had the highest rate and Asheville had the lowest rate at 4.6 percent. The January not seasonally adjusted statewide rate was 5.5 percent. Counties With Rates Counties With Rates Counties With Rates 5% or Below Between 5% and 10% 10% or Above January December When compared to the same month last year, not seasonally adjusted unemployment rates decreased in 89 counties, increased in five, and remained unchanged in six. Thirteen metro areas experienced rate decreases over the year and two remained unchanged. The number of workers employed statewide (not seasonally adjusted) decreased in January by 22,109 to 4,627,724, while those unemployed increased 30,930 to 269,270. Since January 2016, the number of workers employed statewide increased 104,815, while those unemployed increased 9,015. 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. Please also note that the Bureau of Labor Statistics is currently conducting its annual data revisions. Revised county data for prior years is scheduled for release April 21, The prior-year data reported in this press release will be revised at that time. The next unemployment update is scheduled for Monday, March 13, 2017 when the state unemployment rate for January 2017 will be released. This information may be accessed on the Commerce website at

2 County Labor Force Unemployed Rate County Labor Force Unemployed Rate STATEWIDE 4,896, , ALAMANCE 79,234 4, JOHNSTON 91,889 4, ALEXANDER 18, JONES 4, ALLEGHANY 4, LEE 26,181 1, ANSON 10, LENOIR 27,635 1, ASHE 12, LINCOLN 42,534 2, AVERY 7, MCDOWELL 21,109 1, BEAUFORT 20,269 1, MACON 14, BERTIE 8, MADISON 9, BLADEN 14,539 1, MARTIN 9, BRUNSWICK 48,040 3, MECKLENBURG 594,610 30, BUNCOMBE 134,858 5, MITCHELL 6, BURKE 40,606 2, MONTGOMERY 11, CABARRUS 102,656 5, MOORE 39,517 2, CALDWELL 36,523 2, NASH 43,416 3, CAMDEN 4, NEW HANOVER 116,596 5, CARTERET 30,661 1, NORTHAMPTON 7, CASWELL 9, ONSLOW 63,516 3, CATAWBA 77,817 3, ORANGE 75,819 3, CHATHAM 34,334 1, PAMLICO 5, CHEROKEE 11, PASQUOTANK 17,446 1, CHOWAN 5, PENDER 26,617 1, CLAY 4, PERQUIMANS 5, CLEVELAND 47,403 2, PERSON 18,292 1, COLUMBUS 22,497 1, PITT 88,559 5, CRAVEN 41,944 2, POLK 8, CUMBERLAND 128,713 8, RANDOLPH 67,302 3, CURRITUCK 12, RICHMOND 16,866 1, DARE 17,245 2, ROBESON 50,059 4, DAVIDSON 80,158 4, ROCKINGHAM 41,520 2, DAVIE 20, ROWAN 66,199 3, DUPLIN 26,543 1, RUTHERFORD 24,871 1, DURHAM 162,167 7, SAMPSON 29,664 1, EDGECOMBE 22,545 2, SCOTLAND 11,591 1, FORSYTH 183,131 9, STANLY 29,622 1, FRANKLIN 29,925 1, STOKES 22,146 1, GASTON 108,064 6, SURRY 33,854 1, GATES 5, SWAIN 7, GRAHAM 2, TRANSYLVANIA 13, GRANVILLE 29,695 1, TYRRELL 1, GREENE 9, UNION 117,986 5, GUILFORD 259,740 14, VANCE 18,209 1, HALIFAX 20,724 1, WAKE 565,199 25, HARNETT 51,940 3, WARREN 7, HAYWOOD 28,626 1, WASHINGTON 4, HENDERSON 52,295 2, WATAUGA 27,805 1, HERTFORD 9, WAYNE 53,337 3, HOKE 20,044 1, WILKES 30,516 1, HYDE 1, WILSON 36,390 3, IREDELL 86,404 4, YADKIN 17, JACKSON 18,178 1, YANCEY 7, Not Seasonally Adjusted Estimates subject to monthly and annual revisions. NORTH CAROLINA CIVILIAN LABOR FORCE ESTIMATES Preliminary Statewide and County Data for January 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 January December January OTM OTY January December January 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 January 2017 and December 2016 data are preliminary, while January 2016 data have been monthly 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 January 2017 Metropolitan Statistical Area Labor Force Unemployed Rate ASHEVILLE 225,559 10, BURLINGTON 79,234 4, CHARLOTTE-CONCORD-GASTONIA 1,302,164 65, DURHAM-CHAPEL HILL 290,612 13, FAYETTEVILLE 148,757 10, GOLDSBORO 53,337 3, GREENSBORO-HIGH POINT 368,562 20, GREENVILLE 88,559 5, HICKORY-LENOIR-MORGANTON 173,033 8, JACKSONVILLE 63,516 3, NEW BERN 51,931 2, RALEIGH 687,013 31, ROCKY MOUNT 65,961 5, WILMINGTON 143,213 7, WINSTON-SALEM 323,422 16, Micropolitan Statistical Area Labor Force Unemployed Rate ALBEMARLE 29,622 1, BOONE 27,805 1, BREVARD 13, CULLOWHEE 18,178 1, DUNN 51,940 3, ELIZABETH CITY 27,183 1, FOREST CITY 24,871 1, HENDERSON 18,209 1, KILL DEVIL HILLS 18,565 2, KINSTON 27,635 1, LAURINBURG 11,591 1, LUMBERTON 50,059 4, MARION 21,109 1, MOREHEAD CITY 30,661 1, MOUNT AIRY 33,854 1, NORTH WILKESBORO 30,516 1, OXFORD 29,695 1, PINEHURST-SOUTHERN PINES 39,517 2, ROANOKE RAPIDS 28,580 2, ROCKINGHAM 16,866 1, SANFORD 26,181 1, SHELBY 47,403 2, WASHINGTON 20,269 1, WILSON 36,390 3, COMBINED STATISTICAL AREAS CIVILIAN LABOR FORCE ESTIMATES Preliminary Data for January 2017 Combined Statistical Area Labor Force Unemployed Rate ASHEVILLE-BREVARD 239,269 11, CHARLOTTE-CONCORD 1,379,189 70, FAYETTEVILLE-LUMBERTON-LAURINBURG 210,407 15, GREENSBORO-WINSTON-SALEM-HIGH POINT 805,072 43, GREENVILLE-WASHINGTON 108,828 6, HICKORY-LENOIR 194,142 10, NEW BERN-MOREHEAD CITY 82,592 4, RALEIGH-DURHAM-CHAPEL HILL 1,103,650 53, ROCKY MOUNT-WILSON-ROANOKE RAPIDS 130,931 10, 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 January December January 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 January December January 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 January December January 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 January 2017 and December 2016 data are preliminary, while January 2016 data have been monthly revised. North Carolina Department of Commerce Labor & Economic Analysis Division Local Area Unemployment Statistics (919)

6 NORTH CAROLINA COUNTY RANKINGS Preliminary Data for January 2017 County Labor Force Unemployed Rate Rank County Labor Force Unemployed Rate Rank BUNCOMBE 134,858 5, % 1 CASWELL 9, % 51 ALEXANDER 18, % 2 AVERY 7, % 52 ORANGE 75,819 3, % 3 CLEVELAND 47,403 2, % 53 GRANVILLE 29,695 1, % 4 PAMLICO 5, % 54 WAKE 565,199 25, % 5 LENOIR 27,635 1, % 55 HENDERSON 52,295 2, % 6 SAMPSON 29,664 1, % 56 UNION 117,986 5, % 7 YANCEY 7, % 57 CHATHAM 34,334 1, % 8 HARNETT 51,940 3, % 58 DURHAM 162,167 7, % 9 CLAY 4, % 59 DAVIE 20, % 10 ROCKINGHAM 41,520 2, % 60 YADKIN 17, % 11 LEE 26,181 1, % 61 CABARRUS 102,656 5, % 12 WAYNE 53,337 3, % 62 JOHNSTON 91,889 4, % 13 CARTERET 30,661 1, % 63 WATAUGA 27,805 1, % 14 ONSLOW 63,516 3, % 64 POLK 8, % 15 BEAUFORT 20,269 1, % 65 LINCOLN 42,534 2, % 16 CHEROKEE 11, % 66 MECKLENBURG 594,610 30, % 17 CURRITUCK 12, % 67 STANLY 29,622 1, % 18 JACKSON 18,178 1, % 68 ALAMANCE 79,234 4, % 19 ANSON 10, % 69 GREENE 9, % 20 MACON 14, % 70 CATAWBA 77,817 3, % 21 CUMBERLAND 128,713 8, % 71 STOKES 22,146 1, % 22 HOKE 20,044 1, % 72 NEW HANOVER 116,596 5, % 23 HERTFORD 9, % 73 FORSYTH 183,131 9, % 24 COLUMBUS 22,497 1, % 74 WILKES 30,516 1, % 25 PASQUOTANK 17,446 1, % 75 SURRY 33,854 1, % 26 CHOWAN 5, % 76 MCDOWELL 21,109 1, % 27 NASH 43,416 3, % 77 BURKE 40,606 2, % 28 MITCHELL 6, % 78 IREDELL 86,404 4, % 29 BLADEN 14,539 1, % 79 RANDOLPH 67,302 3, % 30 BERTIE 8, % 80 HAYWOOD 28,626 1, % 31 MARTIN 9, % 81 DAVIDSON 80,158 4, % 32 RUTHERFORD 24,871 1, % 82 FRANKLIN 29,925 1, % 33 VANCE 18,209 1, % 83 MONTGOMERY 11, % 34 PERQUIMANS 5, % 84 MOORE 39,517 2, % 35 ALLEGHANY 4, % 85 GUILFORD 259,740 14, % 36 BRUNSWICK 48,040 3, % 86 CALDWELL 36,523 2, % 37 SWAIN 7, % 87 CAMDEN 4, % 38 RICHMOND 16,866 1, % 88 MADISON 9, % 39 NORTHAMPTON 7, % 89 GASTON 108,064 6, % 40 WARREN 7, % 90 ASHE 12, % 41 ROBESON 50,059 4, % 91 TRANSYLVANIA 13, % 42 WILSON 36,390 3, % 92 GATES 5, % 43 HALIFAX 20,724 1, % 93 CRAVEN 41,944 2, % 44 WASHINGTON 4, % 94 PERSON 18,292 1, % 45 EDGECOMBE 22,545 2, % 95 JONES 4, % 46 SCOTLAND 11,591 1, % 96 PITT 88,559 5, % 47 GRAHAM 2, % 97 ROWAN 66,199 3, % 48 DARE 17,245 2, % 98 PENDER 26,617 1, % 49 TYRRELL 1, % 99 DUPLIN 26,543 1, % 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 2005, 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 standards and definitions established by the U.S. Office of Management and Budget on February 28, 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 Friday, March 24, 2017 when the state unemployment rate for February 2017 will be released. The complete 2017 data release schedule can be accessed at:

9 North Carolina County Labor Market Conditions January 2017 Counties With Highest Unemployment Rates January 2017* (Not Seasonally Adjusted) 20% 15% 10% 5% 0% Counties With Lowest Unemployment Rates January 2017* (Not Seasonally Adjusted) 6% 16.3% 14.2% 13.0% 9.7% 9.4% 8.8% Hyde Tyrrell Dare Graham Scotland Edgecombe North Carolina s statewide unemployment rate (not seasonally adjusted) was 5.5 percent in January. This was 0.6 of a percentage point increase from December s benchmarked rate, while increasing 0.1 of a percentage point over the year. Over the month, the unemployment rate increased in all 100 counties. Thirty-five counties had unemployment rates at or below the state s 5.5 percent rate. Hyde County recorded January s highest unemployment rate at 16.3 percent, followed by Tyrrell at 14.2 percent, Dare at 13.0 percent, and Graham at 10.6 percent. Buncombe County had the lowest unemployment rate at 4.3 percent, followed by Alexander, Orange & Granville at 4.5 percent, Wake at 4.6%, and Henderson, Union & Chatham at 4.7%. 4% 2% 0% 4.3% 4.5% 4.5% 4.5% 4.6% 4.7% Buncombe Alexander Orange Granville Wake Henderson Unemployment rates increased in all the state s 15 Metropolitan Statistical Areas (MSAs) over the month. The Rocky Mount MSA had the highest unemployment rate in January at 7.9 percent, followed by Fayetteville at 6.8 percent. Asheville reported the month s lowest unemployment rate at 4.6 percent, followed by Raleigh, 4.7 percent, and Durham/Chapel Hill, 4.8 percent. Metropolitan Statistical Areas Unemployment Rates January 2017* (Not Seasonally Adjusted) 9% 7.9% 6% 3% 5.5% 4.6% 4.7% 4.8% 5.1% 5.1% 5.2% 5.2% 5.3% 5.6% 5.7% 5.8% 6.2% 6.3% 6.8% 0% North Carolina Asheville Raleigh Durham/ Chapel Hill Burlington Charlotte/Concord/ Gastonia, NC-SC Hickory/Lenoir/ Morganton Winston-Salem Wilmington Greensboro/ High Point New Bern Greenville Goldsboro Jacksonville Fayetteville Rocky Mount *All January 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 January 2017 UN Rate 4.6% Total Nonfarm 186,000 Monthly (-3,400) -1.8% Yearly (3,200) 1.8% Over-the-Month Employment Mining, Logging & Construction % Manufacturing 0 0.0% Trade, Transportation & Utilities % Financial Activities 0 0.0% Professional & Business Services % Education & Health Services % Leisure & Hospitality -1, % Other Services % Government % Over-the-Year Employment Mining, Logging & Construction 0 0.0% Manufacturing % Trade, Transportation & Utilities 1, % Financial Activities % Professional & Business Services % Education & Health Services 1, % Leisure & Hospitality % Other Services % Government % Burlington MSA Total Nonfarm Employment January 2017 UN Rate 5.1% Total Nonfarm 60,500 Monthly (-1,800) -2.9% Yearly (1,000) 1.7% Over-the-Month Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities % Financial Activities 0 0.0% Professional & Business Services % Education & Health Services % Leisure & Hospitality % Government % Over-the-Year Employment Mining, Logging & Construction 0 0.0% Manufacturing % Trade, Transportation & Utilities % Financial Activities 0 0.0% Professional & Business Services % Education & Health Services % Leisure & Hospitality % Government 0 0.0% Charlotte/Concord/Gastonia, NC-SC MSA Total Nonfarm Employment January 2017 UN Rate 5.1% Total Nonfarm 1,156,500 Monthly (-21,800) -1.9% Yearly (35,900) 3.2% Over-the-Month Employment Mining, Logging & Construction -1, % Manufacturing % Trade, Transportation & Utilities -7, % Information % Financial Activities % Professional & Business Services -2, % Education & Health Services -1, % Leisure & Hospitality -3, % Other Services % Government -5, % Over-the-Year Employment Mining, Logging & Construction 3, % Manufacturing -1, % Trade, Transportation & Utilities 5, % Information % Financial Activities 3, % Professional & Business Services 9, % Education & Health Services 2, % Leisure & Hospitality 3, % Other Services 1, % Government 7, % Durham/Chapel Hill MSA Total Nonfarm Employment January 2017 UN Rate 4.8% Total Nonfarm 302,700 Monthly (-7,700) -2.5% Yearly (6,900) 2.3% Over-the-Month Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities -1, % Information % Financial Activities % Professional & Business Services -1, % Education & Health Services % Leisure & Hospitality -1, % Other Services % Government -2, % Over-the-Year Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities % Information % Financial Activities % Professional & Business Services 2, % Education & Health Services 2, % Leisure & Hospitality 0 0.0% Other Services 1, % Government % Note: All data are Not Seasonally Adjusted. All January 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 January 2017 UN Rate 6.8% Total Nonfarm 129,500 Monthly (-2,000) -1.5% Yearly (500) 0.4% Over-the-Month Employment Mining, Logging & Construction 0 0.0% Manufacturing % Trade, Transportation & Utilities % Financial Activities 0 0.0% Professional & Business Services % Education & Health Services % Leisure & Hospitality % Government % Over-the-Year Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities % Financial Activities % Professional & Business Services -1, % Education & Health Services % Leisure & Hospitality % Other Services % Government 0 0.0% Goldsboro MSA Total Nonfarm Employment January 2017 UN Rate 6.2% Total Nonfarm 41,200 Monthly (-600) -1.4% Yearly (-700) -1.7% 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 January 2017 UN Rate 5.6% Total Nonfarm 355,900 Monthly (-8,500) -2.3% Yearly (3,100) 0.9% Over-the-Month Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities -1, % Financial Activities % Professional & Business Services -2, % Education & Health Services % Leisure & Hospitality -2, % Other Services % Government % Over-the-Year Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities 2, % Information % Financial Activities % Professional & Business Services % Education & Health Services 1, % Leisure & Hospitality % Other Services % Government % Greenville MSA Total Nonfarm Employment January 2017 UN Rate 5.8% Total Nonfarm 78,300 Monthly (-1,800) -2.3% Yearly (600) 0.8% Over-the-Month Employment Mining, Logging & Construction 0 0.0% Manufacturing 0 0.0% Trade, Transportation & Utilities % Financial Activities 0 0.0% Professional & Business Services % Education & Health Services % Leisure & Hospitality % Government % Over-the-Year Employment Mining, Logging & Construction 0 0.0% Manufacturing 0 0.0% Trade, Transportation & Utilities % Information % Financial Activities % Professional & Business Services % Education & Health Services % Leisure & Hospitality % Government % *Data not collected for these industrial sectors. Note: All data are Not Seasonally Adjusted. All January 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 January 2017 UN Rate 5.2% Total Nonfarm 150,900 Monthly (-1,700) -1.1% Yearly (2,700) 1.8% Over-the-Month Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities % Information % Financial Activities 0 0.0% Professional & Business Services % Education & Health Services % Leisure & Hospitality % Government % Over-the-Year Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities % Information % Financial Activities 0 0.0% Professional & Business Services 1, % Education & Health Services % Leisure & Hospitality % Government % Jacksonville MSA Total Nonfarm Employment January 2017 UN Rate 6.3% Total Nonfarm 48,000 Monthly (-1,300) -2.6% Yearly (-500) -1.0% 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 % New Bern MSA Total Nonfarm Employment January 2017 UN Rate 5.7% Total Nonfarm 44,500 Monthly (-700) -1.6% Yearly (700) 1.6% 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 January 2017 UN Rate 4.7% Total Nonfarm 602,500 Monthly (-12,000) -2.0% Yearly (16,700) 2.9% Over-the-Month Employment Mining, Logging & Construction % Manufacturing 0 0.0% Trade, Transportation & Utilities -3, % Information % Financial Activities 0 0.0% Professional & Business Services -3, % Education & Health Services % Leisure & Hospitality -3, % Government % Over-the-Year Employment Mining, Logging & Construction 1, % Manufacturing 0 0.0% Trade, Transportation & Utilities 4, % Information % Financial Activities 1, % Professional & Business Services 4, % Education & Health Services 1, % Leisure & Hospitality 1, % Other Services % Government 1, % *Data not collected for these industrial sectors. Note: All data are Not Seasonally Adjusted. All January 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 January 2017 UN Rate 7.9% Total Nonfarm 55,500 Monthly (-3,300) -5.6% Yearly (-700) -1.3% Over-the-Month Employment Mining, Logging & Construction % Manufacturing -1, % 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 0 0.0% Other Services * Government 0 0.0% Wilmington MSA Total Nonfarm Employment January 2017 UN Rate 5.3% Total Nonfarm 122,200 Monthly (-1,900) -1.5% Yearly (3,500) 3.0% Over-the-Month Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities % Financial Activities % Professional & Business Services % Education & Health Services 0 0.0% Leisure & Hospitality % Government % Over-the-Year Employment Mining, Logging & Construction % Manufacturing 0 0.0% Trade, Transportation & Utilities % Information % Financial Activities % Professional & Business Services % Education & Health Services % Leisure & Hospitality 0 0.0% Other Services % Government % Winston-Salem MSA Total Nonfarm Employment January 2017 UN Rate 5.2% Total Nonfarm 259,400 Monthly (-4,600) -1.7% Yearly (1,500) 0.6% Over-the-Month Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities -1, % Financial Activities % Professional & Business Services -1, % Education & Health Services % Leisure & Hospitality % Other Services % Government 0 0.0% Over-the-Year Employment Mining, Logging & Construction % Manufacturing % Trade, Transportation & Utilities % Information % Financial Activities % Professional & Business Services -1, % Education & Health Services % Leisure & Hospitality 1, % Other Services % Government 0 0.0% Note: All data are Not Seasonally Adjusted. All January 2017 data are preliminary. Over the month, net industry employment decreased in all 15 MSAs. Charlotte/Concord/Gastonia, NC-SC had the largest net employment decrease with 21,800, followed by Raleigh, 12,000; Greensboro/High Point, 8,500 and Durham/Chapel Hill, 7,700. Rocky Mount experienced the greatest percentage decrease at 5.6 percent, followed by Burlington, 2.9 percent; Jacksonville, 2.6 percent; and Durham/Chapel Hill, 2.5 percent. 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 rose in 12 of 15 MSAs. Charlotte/Concord/Gastonia, NC-SC had the largest net employment increase at 35,900, followed by Raleigh, 16,700; Durham/Chapel Hill 6,900; Wilmington, 3,500; and Asheville, 3,200. Charlotte/Concord/ Gastonia, NC-SC had the greatest percentage increase at 3.2 percent, followed by Wilmington, 3.0 percent; and Raleigh, 2.9 percent. Labor & Economic Analysis Division North Carolina Department of Commerce 6 of 6

14 North Carolina Unemployment Rates by County January 2017 GRAHAM 10.6 CHEROKEE 6.3 CLAY 6.1 SWAIN 7.7 MACON 6.5 ASHE 5.6 WATAUGA 4.9 AVERY MITCHELL CALDWELL MADISON YANCEY BURKE MCDOWELL 5.2 BUNCOMBE 5.2 HAYWOOD RUTHERFORD HENDERSON 7.4 JACKSON POLK CLEVELAND TRANSYLVANIA 5.7 ALLEGHANY 7.6 SURRY 5.2 WILKES 5.2 YADKIN 4.9 ALEXANDER DAVIE IREDELL 5.3 CATAWBA 5.1 ROWAN 5.8 LINCOLN 5 CABARRUS 4.9 GASTON 5.6 MECKLENBURG 5.1 UNION 4.7 CURRITUCK GATES STOKES NORTHAMPTON ROCKINGHAM CASWELL PERSON WARREN CAMDEN VANCE 8 HERTFORD 5.6 GRANVILLE PASQUOTANK 4.5 HALIFAX PERQUIMANS FORSYTH CHOWAN GUILFORD FRANKLIN 7.1 BERTIE 5.6 ALAMANCE ORANGE DURHAM 4.8 NASH 7.2 EDGECOMBE TYRRELL 9.4 MARTIN WASHINGTON 14.2 DAVIDSON WAKE RANDOLPH CHATHAM WILSON PITT 5.8 JOHNSTON LEE GREENE 4.9 BEAUFORT HYDE HARNETT WAYNE STANLY MONTGOMERY MOORE LENOIR 5.9 PAMLICO CRAVEN CUMBERLAND JONES HOKE ANSON RICHMOND SAMPSON DUPLIN 5.8 CARTERET 6.2 SCOTLAND 9.7 DARE 13 ONSLOW 6.3 ROBESON 8.2 BLADEN 7.2 PENDER 5.8 COLUMBUS 7 NEW HANOVER 5.1 January 2017 BRUNSWICK > 100 Counties Higher Than Previous Month 0 Counties Lower Than Previous Month = 0 Counties Same as Previous Month > North Carolina Rate 5.5% Not Seasonally Adjusted Note: January 2017 data are preliminary. Prepared by the Labor & Economic Analysis, North Carolina Department of Commerce 3_2017

15 Febr uar y 2017 Monthly Dashboard* Over the past seven months, NC s unemployment rate has risen 0.4 percentage points, while the US rate has dropped 0.1. Are we on the verge of another recession? Unlikely. Yes, there are more unemployed; but there are more employed people as well. Initial unemployment insurance claims are down. And we re continuing to see job growth. Taking all other data into account, it s clear NC s economy is continuing to expand. NC 4.2 percentage points from 9.5% in January % Rate North Carolina = 5.3% 6.0% 4.8% percentage points from 8.3% in January 2012 United States = 4.8% 2.0% NC ,000 (2.2%) in Unemployed 3,298 (1.3%) 106,000 (1.4%) Labor Force Participation Rate US 4.0% 0.1 to 62.1% 0.2 to 62.9% Data 2017 Employment 4,376,100 Total Nonfarm Jobs US Unemployment Rate Comparison 6,600 over the month 79,200 over the year WA MT OR US Unemployment Rate 11,256 (0.2%) 10.0% % in Employed Unemployment Rate Trend 2012 NC ME ND NH SD WI PA IA NE UT IL CA NY MI WY NV OH IN KS MO VA KY MD DC AR Tennessee 5.4 SC MS AL TX West Virginia 5.6 Virginia 4.0 RI NJ NC TN OK NM MA CT DE WV CO AZ 3.4 VT MN ID 2.6 GA LA Alabama FL 6.4 AK North Carolina 5.3 South Carolina 4.4 Georgia 5.5 HI 6-Month Projected Growth Real Taxable Retail Sales $47.8M over the month $725.2M over the year Source: NC Dept. of Revenue Note: December 2016 data most current available at time of release. 0.1% over the month 3.0 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. 1,712 over the year Source: US Dept. of Labor Note: December 2016 data most current available at time of release. Residential Building Permits Philadelphia Federal Reserve Leading Indicators for North Carolina NC Initial UI Claims 16,235 Individuals Filing 568 over the month 15.2% over the year Source: United States Census Bureau Note: Includes multiple-unit housing. Job Postings % over the month 9.3% over the year Source: The Conference Board Help Wanted Online 1.0 Manufacturing Hours Worked 2.2% over the month Source: Federal Reserve Bank of Philadelphia Note: December 2016 data most current available. *All data produced in this publication are based off January 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 4,400 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 80 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 Note: December 2016 data most current available at time of release. Real Taxable Retail Sales $12,000 $10,000 $8,000 $6,000 $4, Source: NC Dept. of Revenue Note: December 2016 data most current available at time of release. Unemployment Rate By County (Not Seasonally Adjusted) Lowest Buncombe 4.3% Alexander 4.5% Orange 4.5% Granville 4.5% Wake 4.6% Highest Hyde 16.3% Tyrrell 14.2% Dare 13.0% Graham 10.6% Scotland 9.7% *All data produced in this publication are based off January 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