*December 2019 data are preliminary, previous month’s data are revised while all other data have undergone annual revision All data produced in this publica- tion are generated by LEAD unless otherwise stated. Lumber River Workforce Development Board Regional Labor Market Snapshot December 2019 Unemployment Rates* Lumber River Region LABOR MARKET OVERVIEW NC Department of Commerce | Labor & Economic Analysis | 919.707.1500 | [email protected] -2% 0% 2% 4% 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 Jun-19 Sep-19 Dec-19 Lumber River 4.7% 2.5 3.2 3.9 4.8 5.8 9.7 February 2020 Bladen 4.2% Robeson 4.7% Hoke 4.4% Scotland 5.8% Richmond 4.8% Employment & Wages by Supersector 2nd Quarter 2019 Establishments Avg. Employment Avg. Weekly Wage Natural Resources & Mining 224 1,757 $679.13 Construction 368 2,827 $834.84 Manufacturing 188 20,431 $763.16 Trade, Transportation, & Utilities 1,271 13,950 $611.74 Information 36 311 $876.55 Financial Activities 361 1,963 $755.56 Professional & Business Services 517 6,496 $545.02 Education & Health Services 772 24,044 $766.42 Leisure & Hospitality Services 422 7,663 $265.46 Other Services 355 1,102 $514.73 Public Administration 116 6,916 $783.94 Trending REGIONAL EMPLOYMENT* 195 More People Working in December than previous month 3,901 More People Working than same period one year ago Lumber River Total = 109,007 ONLINE JOB ADS UNEMPLOYMENT* Lumber River Total = 5,393 December 2019 Current Previous Region 4.7% 4.8% NC 3.3% 3.4% US 3.4% 3.3% TAXABLE RETAIL SALES 1.4% Lower than same period one year ago Lumber River Total = $185,248,510 Source: NC Dept. of Revenue Note: November 2019 data most current available at time of release. 200 More Jobs in December than previous month Fayetteville Total = 133,700 METRO JOB GROWTH* 900 More Jobs than same period one year ago 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 1,431 Online Advertised Vacancies over past 90 days 152 More Vacancies than same period one year ago Source: LEAD/The Conference Board