Change in population
: 2.7% Population 7/11
: 751,087 Population 4/10
: 731,424 Average annual city unemployment (2011)
: 9.2% Increase in jobs (2010 to 2011)
: 19,200 (2.38%)
From 2010 to 2011, Charlotte’s average annual unemployment rate fell from 9.7% to 9.2%. This was in part due to an increase in professional and business services jobs, which accounted for around 8,500 of the 19,200 jobs the Charlotte-Gastonia-Rock Hill MSA added between 2010 and 2011. Charlotte also seemed to have enjoyed a construction boom in recent years. In 2010, 12% of buildings were less than five years old, one of the highest figures among large metro regions in the United States. After a 2.4% price decline from fourth quarter 2010 to fourth quarter 2011 within Charlotte’s MSA, home sales volumes in the area have rebounded strongly — up 14% from June 2011 to June 2012.
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