As of June 2019, 7,500 more jobs in our region and 10,073 more people working compared to June 2018. Total regional employment 222,524.
For June 2019, our region (Buncombe, Henderson, Madison and Transylvania Counties) continues to have the lowest unemployment rate at in NC at 3.6%, Buncombe County has the lowest rate of any county in NC at 3.4% Henderson County is the #2 lowest rate in the state at 3.8%. Madison County is at 4.2% and Transylvania County is at 4.3%. All four counties in our region are below the state unemployment rate for May 2019 of 4.4%.
For 52 consecutive months Buncombe County has maintained the lowest unemployment rate of any NC county and for 52 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 8,345 unemployed individuals in our region as of June 2019 compared to 7,205 unemployed individuals as of June 2018. The unemployment rate in June 2018 was 3.3%.
The Asheville metro (Buncombe, Haywood, Henderson, Madison Counties) continues to have the lowest unemployment rate of any NC metro at 3.6%. Since June 2018 our region has 7,500 more jobs (3.6% increase) in the metro and 10,073 more people are working.
In the past year since June 2018, the following sectors added jobs: Manufacturing (1,500 jobs), Trade Transportation & Utilities (1,600 jobs), Mining, Logging & Construction (800 jobs), Other Services (200 jobs), Education & Health Services (3,000 jobs), and Professional & Business Services (800 jobs) and Financial Activities (200 jobs). Information was unchanged compared to one year ago. Leisure & Hospitality (-800 jobs) lost jobs compared to one year ago.
All sectors except Leisure & Hospitality and Information 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 8.1% followed by Education & Health Services at 7.9% and Manufacturing at 6.9%.
The Asheville metro has seen the highest percentage growth in employment in the past year of all NC metros.
- Asheville 3.6%
- Charlotte/Concord/Gastonia 2.5%
- Burlington 0.8%
- Fayetteville 0.8%
- Raleigh 0.8%
- Durham/Chapel Hill 0.3%
- New Bern 0.2%
- reensboro/High Point 0.1%
- Hickory/Lenoir/Morganton -0.1%
- Goldsboro -0.5%
- Greenville -0.6%
- Jacksonville -0.6%