As of November 2019, 7,000 more jobs in our region and 8,922 more people working compared to November 2018. Total labor force 222,227.
For November 2019, our region (Buncombe, Henderson, Madison and Transylvania Counties) continues to have the lowest unemployment rate at in NC at 2.6% , Buncombe County has the lowest rate of any county in NC at 2.5% Henderson County is the #2 lowest rate in the state at 2.8%. Madison County is at 3.0% and Transylvania County is at 3.1% . All four counties in our region are below the state unemployment rate for November 2019 of 3.4%.
For 57 consecutive months Buncombe County has maintained the lowest unemployment rate of any NC county and for 57consecutive 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 6,019 unemployed individuals in our region compared to 6,084 one year ago.
For November 2019, the Asheville metro continues to have the lowest unemployment rate of any NC metro at 2.6%.
Since November 2018 our region has 7,000 more jobs (3.5% increase) in the metro and 8,922 more people are working. The Asheville metro job growth is #3 in NC at 3.5% behind Wilmington at 4.0% and Raleigh at 3.8%..
- Wilmington 4.0%
- Raleigh 3.8%
- Asheville 3.5%
- Charlotte/Concord/Gastonia 2.4%
- Greenville 2.1%
- Winston-Salem 1.9%
- Greensboro/High Point 1.3%
- Durham/Chapel Hill 1.2%
- Jacksonville 1.2%
- Burlington 0.8%
- Fayetteville 0.7%
- New Bern 0.7%
- Goldsboro 0.5%
- Hickory/Lenoir/Morganton -0.1%
- Rocky Mount -0.7%
In the past year since November 2018, the following sectors added jobs: Manufacturing (600 jobs), Leisure & Hospitality (1,200 jobs), Trade Transportation & Utilities (1,900 jobs), Mining, Logging & Construction (600 jobs), Other Services (300 jobs), Education & Health Services (2,300 jobs), and Financial Activities (200 jobs). Information was unchanged compared to one year ago. Professional & Business Services declined by 200 jobs in the past year. Education & Health Services and Mining, Logging & Construction saw the greatest job growth rate in the past year at 6.0% followed by Trade, Transportation & Utilities at 5.2%, Leisure & Hospitality at 4.3% and Other Services at 3.5%.