Labor Market Update

Region has 953 more people working compared to one year ago.


Unemployment rate in Mountain Area region was 2.9% as of January 2024. As of January 2024, 953 more people working compared to January 2023.


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


January 2024 7,493

December 2023 6,459

November 2023 7,120

October 2023 7,335

September 2023 6,987

August 2023 7,702

July 2023 7,470

June 2023 7,551

May 2023 6,752

April 2023 6,466

March 2023 6,916

February 2023 6,696

January 2023 6,808

December 2022 6,285

November 2022 6,781

October 2022 7,343

September 2022 5,953

August 2022 6,938


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 223,020

Total Employed Labor Force 216,526


Mountain Area WDB Regional Labor Market Overview

Mountain Area WDB Overview | LEAD Analytics

All 15 of the state’s metro areas experienced rate increases. Among the metro areas, Rocky Mount had the highest rate at 5.0 percent while Asheville had the lowest at 2.9 percent. The not seasonally adjusted statewide rate was 3.6 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 2.9%, AVL metro continues to maintain the the lowest unemployment rate of any NC metro

Asheville metro (as of January 2024) continues to have the lowest unemployment of any NC metro at 2.9%. All counties in our region have an unemployment rate at or lower than the statewide rate of 3.5%. Buncombe County had the lowest at 2.8%


Buncombe 2.8%

Haywood 3.3%

Henderson 3.0%

Madison 3.1%

Transylvania 3.4%


Monthly job growth by metro:

 

  1. Goldsboro 0.7%
  2. Burlington 0.6%
  3. Durham/Chapel Hill 0.5%
  4. Raleigh 0.4%
  5. Charlotte/Concord/Gastonia 0.3%
  6. Winston Salem 0.3%
  7. Rocky Mount 0.2%
  8. Fayetteville 0.1%
  9. Greenville 0.1%
  10. New Bern 0%
  11. Wilmington 0.0%
  12. Hickory -0.1%
  13. Greensboro-High Point -0.2%
  14. Jacksonville -0.2%
  15. Asheville -0.3%



Asheville Metro All Employees (Total Individuals Working) 231,699 in January 2024

Asheville Metro Labor Force 238,698 (Total Individuals Working or Seeking Employment) in January 2024

WNC Career Expo - Employer Registration Now Open

Plan to join us Wednesday, April 17, 2024 at the Davis Event Center at the WNC Agricultural Center, located at 761 Boylston Highway in Fletcher. Presented by the Mountain Area Workforce Board and the Asheville Area Chamber of Commerce.

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