Industry & Labor

Wake Forest has an educated and trainable workforce and a very low unemployment rate. 71% of its workers are employed in white collar jobs. Eighteen percent are employed in blue collar jobs, and the remaining 11% are employed in service-oriented positions.

Wake Forest Labor Force (Ages 16+)

Employed Unemployed
96.5% 3.5%
Source:ESRI

Area Labor Force –Annual Averages for 2007

Name Labor Force Unemployment Rate
Wake County 436,435 3.4%
MSA 539,855 3.6%
CSA 842,814 3.7%
Source:NC Employment Security Commission

Industry Diversity of Wake Forest Population (Ages 16+)

Industry Percentage
Agriculture/Mining 0.3%
Construction 9.9%
Manufacturing 9.6%
Wholesale Trade 3.3%
Retail Trade 10.3%
Transportation/Utilities 3.7%
Information 4.3%
Finance/Insurance/Real Estate 7.2%
Services 46.8%
Public Administration 4.8%
Source:ESRI

2008 Wake Forest Employed Population (Ages 16+)

Industry Percentage of Population
White Collar 70.9%
Management/Business/Financial 18.8%
Professional 27.8%
Sales 11.3%
Administrative Support 13.0%
Services 11.4%
Blue Collar 17.7%
Farming/Forestry/Fishing 0.1%
Construction/Extraction 6.8%
Installation, Maintenance, Repair 3.9%
Production 3.4%
Transportation/Material Moving 3.5%
Source:ESRI

Industry Diversity for Raleigh/Durham/Cary CSA

Industry Average Employment % of Total Workforce
Construction 51,620 6.4%
Natural Resouces & Mining 4,177 0.5%
Manufacturing 76,179 9.5%
Trade, Transportation, and Utilities 132,496 16.5%
Information 21,016 2.6%
Financial Activities 38,469 4.8%
Professional and Business Services 125,831 15.7%
Education and Health Services 104,230 13.0%
Leisure and Hospitality 70,829 8.8%
Other 27,042 3.4%
Government 150,493 18.8%
Total All Industries 802,382 100%