As of May 2019, 7,100 more jobs in our region and 9,007 more people working compared to May 2018. Total regional employment 221,551.
For May 2019, our region (Buncombe, Henderson, Madison and Transylvania Counties) continues to have the lowest unemployment rate at in NC at 3.3% , Buncombe County has the lowest rate of any county in NC at 3.1% Henderson County is tied for #2 lowest rate in the state at 3.5% tied with four other counties (Davie, Granville, Haywood, and Wake). Madison County is at 3.8% and Transylvania County is at 4.0% . All four counties in our region are beow the state unemployment rate for May 2019 of 4.0%.
For 51 consecutive months Buncombe County has maintained the lowest unemployment rate of any NC county and for 51 consecutive months the Mountain Area Workforce region (Buncombe, Henderson, Madison and Transylvania Counties) as well as the Asheville metro have maintained the lowest unemployment rate of any NC region.
There are 7,503 unemployed individuals in our region as of May 2019 compared to 7,619 unemployed individuals as of May 2018.
The Asheville metro (Buncombe, Haywood, Henderson, Madison Counties) continues to have the lowest unemployment rate of any NC metro at 3.3%. Since May 2018 our region has 7,100 more jobs (3.6% increase) in the metro and 9,007 more people are working.
In the past year since May 2018, the following sectors added jobs: Mining, Logging and Construction (800 jobs), Manufacturing (1,500 jobs), Trade Transportation & Utilities (1,000 jobs), Other Services (300 jobs), Education & Health Services (2,700 jobs), and Professional & Business Services (600 jobs). Financial Activities, Information and Leisure & Hospitality were unchanged compared to one year ago.
All sectors showed positive job growth in the past year. Manufacturing continues to be a consistent leader in our year-over-year job growth. Mining, Logging & Construction sector saw the largest growth rate in the past year at 8.3% followed by Education & Health Services at 7.1% and Manufacturing at 6.9%.
The Asheville metro has seen the highest percentage growth in employment in the past year of all NC metros.
Durham/Chapel Hill 0.3%
New Bern 0.2%
Greensboro/High Point 0.1%