Employment Trends and Unemployment Rates

by 1st Class Real Estate Coastal Choice

📉 Employment Trends and Unemployment Rates

As of March 2025, Wilmington's unemployment rate stands at 3.7%, reflecting a slight decrease from January's 3.9% . This rate is below the national average, indicating a robust local economy. Neighboring counties also report low unemployment: New Hanover at 3.0%, Pender at 3.1%, and Brunswick at 4.5% .

🏭 Key Industries and Major Employers

Wilmington's economy is bolstered by several key industries:

Healthcare: Novant Health is the region's largest employer, with over 8,500 employees.
Education: Institutions like the University of North Carolina Wilmington and Cape Fear Community College contribute significantly to employment.
Technology: Companies such as nCino and Apiture are driving growth in the tech sector .
Film and Television: Wilmington remains a hub for film production, with studios like Cinespace Wilmington contributing to the local economy.

Other notable employers include GE Hitachi Nuclear Energy, Thermo Fisher Scientific, and Corning.

💻 Tech Sector Expansion

The tech industry in Wilmington has seen a significant uptick, with a 27.6% increase in the tech workforce since 2019 . High-demand roles include Cloud Architects, Cybersecurity Engineers, and AI & Machine Learning Specialists. The average tech salary in the area has reached approximately $118,933, reflecting the sector's growth and competitiveness.

📈 Future Job Growth Projections

Looking ahead, Wilmington is poised for continued job growth. Projections indicate a 13% increase in transportation and material moving occupations by 2032 . Additionally, the region anticipates a 37.3% overall job growth over the next decade, outpacing the national average.

🌊 Quality of Life and Work-Life Balance

Beyond employment opportunities, Wilmington offers a high quality of life. The city's coastal location provides residents with access to beaches and outdoor activities, contributing to a balanced lifestyle. Initiatives like NC Career Coast emphasize the region's commitment to fostering a work environment that values both professional growth and personal well-being.

⚠️ Challenges and Considerations

Despite the positive trends, challenges persist. A significant portion of new, high-paying jobs, particularly in finance and tech, are being filled by individuals relocating from outside the area . This trend underscores the need for local workforce development and training programs to ensure residents can compete for these emerging opportunities.

🧭 Conclusion

Wilmington's job market in 2025 reflects a city in transition—embracing innovation while maintaining its traditional economic strengths. For job seekers, the region offers a diverse array of opportunities across multiple sectors, coupled with a lifestyle that balances work and leisure. As the city continues to grow, strategic investments in education and workforce development will be crucial to ensure inclusive and sustainable economic prosperity.