17 Aug 2022

‘We need more talent’ | Nearly 20,000 jobs added to Charlotte Region in Q2

In the second quarter of this year, 19,900 new jobs were created in the Charlotte Region, according to the research team at the Charlotte Regional Business Alliance.

“The problem remains that we need more talent. So there’s still a lot of openings, and it’s a good time to be looking for a job,” Kelly O’Brien, chief advocacy and strategy officer for the CLT Alliance, told WCNC Charlotte.

“I don’t think that there is a day that goes by where I don’t sit in meetings with the business community saying, ‘we need more talent’,” O’Brien said. 

There were more than 19,000 jobs added over Q2-2022 – more than any of the previous 5 quarters. The latest Growth Report  from researchers at the CLT Alliance offers an in-depth look at trends in the region, including both industry and county breakdowns.

Job growth in the Charlotte Region is outpacing the national rate in several areas including business services, financial activities, education and health services.

“I think that it’s going to continue to be strong employment growth and a lot of job opportunities for the foreseeable future,” O’Brien said.

The unemployment rate fell to 3.4%, down from the previous quarter’s 3.7%.

Across the state, businesses showed strong growth in the second quarter of 2022. New business creations totaled nearly 93,000, according to the North Carolina Secretary of State’s office. 

“We’re seeing that a lot of these new corporations and LLCs are being formed in our more rural areas,” Elaine Marshall, Secretary of State, said.

Recently, Marshall’s office expanded its Rural Rise NC program, which provides resources to entrepreneurs in several counties to help them succeed.

Recently, rankings from CNBC and Moody’s have cited North Carolina’s economic growth as the strongest in the country.

Copyright: WCNC Charlotte

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