Overall unemployment rate moved up to 6.6% with the biggest shift in Government, which lost 600 roles, based on the most recently available information published in July 2021.
Total employment in the Cumberland, MD-WV market declined by 65 jobs in June and the unemployment rate increased compared to the prior month by 90 bps to 6.6%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Cumberland, MD-WV unemployment rate is 51 bps above the national rate which is a negative sign.
- Unemployment in the market is 300 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 2.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -7.6%. Key sectors include:
- Government: 7,300; -600
Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.