North Carolina Jobs and the national economy is experiencing a huge shift and that shift is changing how people live.
As the Baby Boomers retire, manufacturing jobs are outsourced overseas.
Small farms are consolidated and the way many people in this country once made their living is changing dramatically.
And North Carolina jobs are no exception.
According to the US Bureau of Economic Analysis, jobs having to do with:
- textiles and textile products decreased by 30%
- apparel producing jobs decreased by 26%
- furniture producing jobs decreased by 12%
The job market in North Carolina is a microcosm of the nation as a whole, with manufacturing jobs in the 2002 to 2005 period decreasing by 10.9%.
Historically, the North Carolina job market and overall economy relied on manufacturing and farming to sustain a huge portion of its population.
In recent years, the trend has been for the reduction of both manufacturing and farming jobs. This has displaced huge numbers of people.
These people have had a hard time finding work because they do not have the education required for the higher-skilled, higher-paying jobs that are available.
To get a job in North Carolina in the manufacturing or farming sectors a person often didn’t even need a high school diploma, and these jobs were considered middle-class and enabled people to support a family.
Now, with many of those jobs disappearing, and without an education, many workers are finding themselves having to take unskilled, low paying jobs.
Many people do not have the financial resources to get back into training or school programs, so they may get better paying jobs.
At the same time the availability of traditional jobs is decreasing, the coming retirement of many Baby Boomers who hold high level, skilled positions, is creating a demand for skilled workers.
Positions such as teachers, health care workers, business support services and administration in North Carolina are all expected to increase in the coming years.
There are available service related jobs in the restaurant industry, retail sales, hospitality, and tourism, although these are not high paying jobs at entry level positions.
The combination of the retirement of Baby Boomers and the lack of skilled workers to replace them, paired with the reduction of traditional jobs is creating a skills and pay gap that affects the state in different regions and in different ways.
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Manufacturing and farming jobs traditionally were located in the rural regions of the state, while the higher skilled jobs were concentrated in the city.
As a result, most of the metropolitan areas in North Carolina are experiencing high growth and prosperity, while the rural areas have experienced decline in both population and economy.
Even though North Carolina Jobs has been experiencing an increase in the amount of skilled workers migrating from out of state, there is still a lack of skilled workers in the cities.
This continues to draw more people from instate rural areas, further exacerbating the problem of rural decline in North Carolina.
The North Carolina Commission on Workforce Development estimates there is a demand for about 40,000 skilled workers annually to fill the jobs being created by retiring baby boomers.
There is also increased demand, by that same group, for services from landscaping maintenance to real estate sales to healthcare.
The potential for a hole in the North Carolina Jobs workforce has not gone unnoticed.
The North Carolina education system has stepped up efforts to provide job training and education to people who were previously employed in the manufacturing and farming sector. By doing this, North Carolina hopes to fill available skilled jobs, while maintaining the strength of non-urban areas.
If your best place to relocate or retire is North Carolina, this situation is encouraging. Many skilled workers are needed in a variety of positions. The types of available jobs and workers needed will continue to diversify, as the population continues to grow.
The sectors expected to have the highest demand include temporary professional and business services; government positions including education; computer related jobs such as information technology, support, and systems design; and healthcare.
Service related jobs will continue to grow in the restaurant industry, retail sales, hospitality, and tourism. People moving to North Carolina with these skills can expect to find a variety of employment opportunities.
The metropolitan areas not only have the most jobs available, but also the best and highest paying jobs.
According to The North Carolina Commission on Workforce Development, 70% of people live in metropolitan areas and 74% percent of the jobs are located there, with the trend expected to rise to 81%.
Furthermore, residents of the North Carolina metropolitan areas receive as much as 50% more pay than their rural counterparts.
The current unemployment rate for North Carolina is a bit higher than South Carolina .
The metropolitan areas in North Carolina that are experiencing the an unemployment rate lower than state and national rates are:
Other areas below or at the North Carolina State Unemployment rate are:
The areas hardest hit at a 11.7% unemployment rate are:
Areas expected to experience strong growth and provide opportunities include:
As the economy and population in North Carolina continue to diversify and grow, and students are educated and provided with training for different industries, North Carolina will provide many opportunities for young people and older people alike.
North Carolina still makes it onto my list of the best places to live.
Robert Bencivenga is a professional site locator and location analyst for major corporations. Robert researches the growth of NC and SC to find the Best Places to Retire or Relocate that are still affordable.
Robert Does Not Sell Real Estate!
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