Real time jobs report data summary. Figures are based on the latest data provided by the Bureau of Labor Statistics (BLS.gov). All jobs numbers are for non-farm employment.
Greensboro, NC Jobs Report
May 2020 Jobs Report
Jobs Added
Metro
-62,200
- Month Over Month: -17.2%
- 3 Month Average: -20,400
- Year Over Year: -18.3%
State
-571,700
- Month Over Month: -12.5%
- 3 Month Average: -204,233
- Year Over Year: -12.4%
National
+2,509,000
- Month Over Month: +1.9%
- 3 Month Average: -6,517,000
- Year Over Year: -11.7%
Unemployment Rate
Metro
15.0%
- Month Over Month: +10.5%
- 3 Month Average: 7.8%
- Year Over Year: +11.3%
State
12.5%
- Month Over Month: +8.2%
- 3 Month Average: 6.83%
- Year Over Year: +9.0%
National
13.3%
- Month Over Month: -1.4%
- 3 Month Average: 10.8%
- Year Over Year: +9.7%
This month’s jobs report included an unexpected increase in the unemployment rate. In April, hitting the highest level in BLS monthly survey history in April at 14.7%, it is now at 13.3%. Most economists were expecting the rate to jump to nearly 20% this month, reflecting those still impacted by the virus. Ahead of the May jobs report, some other surveys showed encouraging drops in new job cuts relative to April, offering some hope for a further easing in payroll declines in the BLS report.
For the survey including the unemployment rate, the Labor Department noted inconsistent classifications of workers due to pandemic-related effects meant the unemployment rate would have been about 3 percentage points higher than was actually reported.
Sector Job Growth from the B.L.S.
Professional & Business Services
-7,200
- Month Over Month: -15.0%
- 3 Month Average: 45
- Year Over Year: -16.0%
Education & Health Services
-6,600
- Month Over Month: -12.8%
- 3 Month Average: 49
- Year Over Year: -14.5%
Trade, Transportation, & Utilities
-5,300
- Month Over Month: -6.9%
- 3 Month Average: 75
- Year Over Year: -7.0%
Industry Job Growth from the B.L.S.
Administrative & Support & Waste Management & Remediation Services
-4,600
- Month Over Month: -16.7%
- 3 Month Average: 26
- Year Over Year: -21.8%
Transportation, Warehousing, & Utilities
-1,400
- Month Over Month: -7.0%
- 3 Month Average: 20
- Year Over Year: -5.1%
Health Care & Social Assistance
-6,500
- Month Over Month: -14.1%
- 3 Month Average: 44
- Year Over Year: -14.1%
Employment Services
-20,400
- Month Over Month: -17.2%
- 3 Month Average: 113
- Year Over Year: -24.8%
Do you know what to pay top talent?
Check out the most accurate salary data for specialty professionals in your job market and across the country. Get your copy of our latest Salary Guide.
Metropolitan Month-Over Month Job Growth by Sector
*The following chart displays the latest local job growth by sector compared to the previous month. Note that if a sector experienced losses or flat growth, it will not be displayed as part of the graphic.
BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.
The BLS defines a sector as a subset of the domestic economy and excludes the economic activities of the following: general government, private households, and nonprofit organizations serving individuals. A sector consists of multiple industries.
The BLS defines an industry as a group of establishments that produce similar products or provide similar services. Multiple industries makeup sectors.
Questions? Ask Us.
Let's talk about your recruiting situation.