Labor Market Update

Unemployment rate in Mountain Area region was 2.6% as of September 2024. As of September 2024, there are 494 less people working compared to September 2023. This report does not reflect the impact of Hurricane Helene. The October 2024 local labor market data will be released by the NC Department of Commerce on November 27, 2024.


Unemployed Individuals by month (Buncombe, Haywood, Henderson, Madison and Transylvania Counties):


September 2024 6,641

August 2024 9,003

July 2024 8,300

June 2024 8,579

May 2024 7,542

April 2024 6,865

March 2024 7,808

February 2024 7,924

January 2024 7,493

December 2023 6,459

November 2023 7,120

October 2023 7,335

September 2023 6,987


Note there are some statistical disparities between the data reported for the Asheville metro and the Mountain Area Workforce region as the metro includes Haywood County but does not include Transylvania County. The Mountain Area Workforce region includes Transylvania County but not Haywood County.


Total Labor Force 225,913

Total Employed Labor Force 220,110


Mountain Area WDB Regional Labor Market Overview

Mountain Area WDB Overview | LEAD Analytics

Unemployment Rates Decreased in all 100 NC Counties in September 2024



Unemployment rates (not seasonally adjusted) decreased in all 100 of North Carolina’s counties in September 2024. Scotland County had the highest unemployment rate at 5.6 percent while Buncombe, Ashe, Avery, Currituck, Watauga, Swain, and Dare Counties each had the lowest at 2.5 percent. All fifteen of the state’s metro areas experienced rate decreases. Among the metro areas, Rocky Mount had the highest rate at 4.6 percent while Asheville had the lowest at 2.6 percent. The not seasonally adjusted statewide rate was 3.2 percent.

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Asheville MSA Jobs

Mountain Area WDB Labor Force

Mountain Area WDB Employed Individuals

Mountain Area WDB Unemployment Rate

Mountain Area WDB Unemployed Individuals

Asheville MSA Industry Jobs Compared to One Year Ago

Mountain Area WDB Job Openings

Mountain Area WDB Taxable Retail Sales

Asheville metro unemployment rate 3.5%, AVL metro continues to have the the lowest unemployment rate of any NC metro

Asheville metro (as of September 2024) continues to have the lowest unemployment of any NC metro at 2.6%. Buncombe, Ashe, Avery, Currituck, Watauga, Swain, and Dare Counties each had the lowest unemployment at 2.5%.


Buncombe 2.5%

Haywood 2.7%

Henderson 2.7%

Madison 2.9%

Transylvania 2.8%


Monthly job growth by metro:

 


  1. Jacksonville 0.5%
  2. Greensboro-High Point 0.4%
  3. New Bern 0.4%
  4. Fayetteville 0.3%
  5. Hickory 0.3%
  6. Wilmington 0.3%
  7. Asheville 0.2%
  8. Charlotte 0.2%
  9. Rocky Mount 0.2%
  10. Winston Salem 0.1%
  11. Burlington 0%
  12. Goldsboro 0%
  13. Greenville -0.2%
  14. Raleigh -0.2%
  15. Durham-Chapel Hill -0.3%



Asheville Metro All Employees (Total Individuals Working) 235,342 in September 2024

Asheville Metro Labor Force 241,558 (Total Individuals Working or Seeking Employment) in September 2024

Storms and Strikes Take a Toll on Pre-election Jobs Report

What had been a hot job market in and around Asheville, N.C., might take a while to heal, noted Nathan Ramsey, director of the Mountain Area Workforce Development Board in western North Carolina. Helene hit the region during its peak fall tourism season, and with the water system still in shambles, its breweries, hotels and eateries are unable to open.“ We could see our unemployment rate going to 10 percent or more based on these numbers, and the damage isn’t over as more layoffs are anticipated,” Mr. Ramsey said. A big concern is the loss of housing, which could push local residents to relocate — even if rebuilding creates more jobs in construction down the road. 

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WNC MTN STRONG CAREER FAIR - Asheville

WNC Mountain Strong Career Fair

Join us Friday, Nov. 8 at Harrah’s Cherokee Center Asheville in downtown Asheville for a special the WNC Mountain Strong Career Fair. Presented by the Mountain Area Workforce Board and the Asheville Area Chamber of Commerce,

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WNC MTN STRONG JOB & RESOURCE FAIR - Hendersonville

Click HERE for employer registration for this job fair in Hendersonville

Disaster Recovery Resources - EDPNC

Tropical Storm Helene Update The devastation to Western North Carolina has greatly impacted many businesses and families. If you or your business are impacted, view a list of available resources. If you are in a position to help, the North Carolina Disaster Relief Fund is accepting donations to support the communities most impacted.

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Hurricane Helene - NC SBTDC

Helene Disaster Assistance: View information and resources available to North Carolina businesses impacted by Hurricane Helene

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WNC Small Business Initiative Grant

Western North Carolina Small Business Initiative Welcome to the Western North Carolina Small Business Initiative Was your small business harmed by Hurricane Helene? The Western North Carolina Small Business Initiative is here to help. The initiative is partnering with local Community Development Financial Institutions (CDFIs) to provide relief

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WNC Strong: Helene Business Recovery Fund - Mountain BizWorks

TOGETHER WE ARE WNC STRONG New WNC Strong: Helene Business Recovery Fund Providing vital and rapid relief loans to Western North Carolina small businesses impacted by Tropical Storm Helene. Helene...Read more

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WNC Strong: Helene Disaster Relief & Business Recovery Resources - Mountain BizWorks

Helene help center Updated WNC Strong: Helene Disaster Relief & Business Recovery Resources Find what you need to navigate your small business through this unprecedented time. We're here for you...Read more

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Helene Relief - Henderson County Chamber

Business Assistance & Resources After Hurricane Helene, our local business community has proven its strength and unity in the face of adversity. As your Chamber, we are honored to be here for you, providing a hub for essential resources from FEMA, the Small Business Administration, and others.

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Mountain Strong for Business Recovery - Asheville Area Chamber of Commerce

FEMA is actively supporting Hurricane Helene response efforts. Apply for FEMA assistance here, by calling 800-621-3362 or on the FEMA app. Restaurant Disaster Relief Fund: Click here for the application link and eligibility requirements for the Restaurant Disaster Relief Fund (RDRF).

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Disaster Unemployment Assistance

Following a federal disaster declaration because of Hurricane Helene, DUA benefits are available in 25 counties as well as the Eastern Band of Cherokee Indians. The counties are as follows, and more counties may be added to the list of those eligible for DUA at a later date: Alexander, Alleghany, Ashe, Avery, Buncombe, Burke, Caldwell, Catawba, Clay, Cleveland, Gaston, Haywood, Henderson, Jackson, Lincoln, Macon, Madison, McDowell, Mitchell, Polk, Rutherford, Transylvania, Watauga, Wilkes, Yancey and Eastern Band of Cherokee Indians. The deadline to apply is December 2.

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