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Eastern Carolina Workforce Development Board Regional Labor Market Snapshot Eastern Carolina Region LABOR MARKET OVERVIEW NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | [email protected] -2% 0% 2% 4% Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 March 2019 Unemployment Rates* Eastern Carolina 4.5% 3.2 3.9 4.7 6.0 7.9 11.5 May 2019 Community Investment Report Top Announced Projects 2018 Annual Data County Company Announced Jobs Duplin House of Raeford Farms Inc 488 Onslow ContactUS 200 Wayne Case Farms 44 Wayne Case Farms, Inc. 44 Craven McGukin & Pyle 33 Wayne ALTA Foods 30 Onslow Onslow Bay Boatworks 24 Onslow Garmont 20 Wayne SERIES Seating 20 Greene NWL Capacitors 16 Onslow 4.9% Lenoir 4.0% Craven 4.4% Carteret 4.8% Wayne 4.4% Greene 3.9% Pamlico 4.1% Jones 4.3% Duplin 4.5% Trending REGIONAL EMPLOYMENT* 284 More People Working in March than previous month 907 Fewer People Working than same period one year ago Eastern Carolina Total = 251,846 ONLINE JOB ADS 5,690 Online Advertised Vacancies over past 90 days 349 More Vacancies than same period one year ago Source: The Conference Board Help Wanted Online UNEMPLOYMENT* Eastern Carolina Total = 11,914 March 2019 Current Previous Region 4.5% 4.6% NC 4.1% 4.2% US 3.9% 4.1% TAXABLE RETAIL SALES 21.8% Higher than same period one year ago Eastern Carolina Total = $563,610,744 Source: NC Dept. of Revenue Note: February 2019 data most current available at time of release. METRO JOB GROWTH* 200 More Jobs in March than previous month Goldsboro Total = 41,400 400 More Jobs in March than previous month Jacksonville Total = 49,600 300 More Jobs in March than previous month New Bern Total = 44,500 *March 2019 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. 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-Year Percent Change in Number Employed* Source: LAUS, Labor & Economic Analysis, NC Dept. of Commerce

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Page 1: LABOR MARKET OVERVIEW

Eastern Carolina Workforce Development Board

Regional Labor Market Snapshot

Eastern Carolina Region

L A B O RMARKET OVERVIEW

NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | [email protected]

-2%

0%

2%

4%

Mar-15

Jun-15

Sep-15

Dec-15

Mar-16

Jun-16

Sep-16

Dec-16

Mar-17

Jun-17

Sep-17

Dec-17

Mar-18

Jun-18

Sep-18

Dec-18

Mar-19

March 2019UnemploymentRates*

Eastern Carolina4.5%

3.2 3.9 4.7 6.0 7.9 11.5

May 2019

Community Investment Report Top Announced Projects2018 Annual Data

County Company Announced JobsDuplin House of Raeford Farms Inc 488

Onslow ContactUS 200

Wayne Case Farms 44

Wayne Case Farms, Inc. 44

Craven McGukin & Pyle 33

Wayne ALTA Foods 30

Onslow Onslow Bay Boatworks 24

Onslow Garmont 20

Wayne SERIES Seating 20

Greene NWL Capacitors 16

Onslow4.9%

Lenoir4.0%

Craven4.4%

Carteret4.8%

Wayne4.4%

Greene3.9%

Pamlico4.1%Jones

4.3%Duplin4.5%

Trending

REGIONAL EMPLOYMENT*

284 More People Workingin March than previous month

907 Fewer People Workingthan same period one year ago

Eastern Carolina Total = 251,846

ONLINE JOB ADS5,690 Online Advertised Vacancies

over past 90 days

349 More Vacanciesthan same period one year agoSource: The Conference Board Help Wanted Online

UNEMPLOYMENT*

Eastern Carolina Total = 11,914March 2019

Current Previous

Region 4.5% 4.6%

NC 4.1% 4.2%

US 3.9% 4.1%

TAXABLE RETAIL SALES

21.8% Higherthan same period one year ago

Eastern Carolina Total = $563,610,744

Source: NC Dept. of RevenueNote: February 2019 data most current available at time of release.

METRO JOB GROWTH*

200 More Jobsin March than previous month

Goldsboro Total = 41,400

400 More Jobsin March than previous month

Jacksonville Total = 49,600

300 More Jobsin March than previous month

New Bern Total = 44,500

*March 2019 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.

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

Page 2: LABOR MARKET OVERVIEW

Eastern Carolina Workforce Development Board

L A B O RMARKET OVERVIEW

March 2019 January 2019 January 2019 March 2018

Carteret

Labor Force 30,840 30,673 30,137 31,525Employed 29,345 29,087 28,364 30,209Unemployed 1,495 1,586 1,773 1,316Rate 4.8 5.6 5.9 4.2

Craven

Labor Force 41,906 41,790 41,562 41,586Employed 40,063 39,896 39,496 39,842Unemployed 1,843 1,894 2,066 1,744Rate 4.4 4.5 5.0 4.2

Duplin

Labor Force 24,830 25,214 24,541 25,448Employed 23,712 24,071 23,304 24,323Unemployed 1,118 1,143 1,237 1,125Rate 4.5 4.5 5.0 4.4

Greene

Labor Force 9,719 9,768 9,559 9,673Employed 9,339 9,379 9,157 9,304Unemployed 380 389 402 369Rate 3.9 4.0 4.2 3.8

Jones

Labor Force 4,431 4,468 4,396 4,388Employed 4,240 4,280 4,183 4,209Unemployed 191 188 213 179Rate 4.3 4.2 4.8 4.1

Lenoir

Labor Force 28,087 28,049 27,674 28,016Employed 26,950 26,912 26,444 26,878Unemployed 1,137 1,137 1,230 1,138Rate 4.0 4.1 4.4 4.1

Onslow

Labor Force 65,359 64,942 64,164 65,089Employed 62,168 61,676 60,654 62,031Unemployed 3,191 3,266 3,510 3,058Rate 4.9 5.0 5.5 4.7

Pamlico

Labor Force 5,397 5,391 5,345 5,368Employed 5,175 5,168 5,100 5,140Unemployed 222 223 245 228Rate 4.1 4.1 4.6 4.2

Wayne

Labor Force 53,191 53,462 53,012 53,187Employed 50,854 51,093 50,446 50,817Unemployed 2,337 2,369 2,566 2,370Rate 4.4 4.4 4.8 4.5

Civilian Labor Force Estimates*

March 2019 data are preliminary, previous month’s data are revised while all other data have undergone annual revision

NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | [email protected]

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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