Overall unemployment rate moved down to 5.0% with the biggest shift in Government, which gained 600 roles, based on the most recently available information published in November 2021.
Total employment in the Cumberland, MD-WV market rose by 480 jobs in September and the unemployment rate decreased compared to the prior month by 50 bps to 5.0%. The national unemployment rate decreased by 72 bps over the same time to 4.6%.
- Cumberland, MD-WV unemployment rate is 44 bps above the national rate which is a negative sign.
- Unemployment in the market is 160 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in September versus prior month by 6.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 8.2% . Key sectors include:
- Government: 7,900; +600
Data is based on the most recent 12 months available, through September 2021 (Data published November 2021 and reports created on November 3, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.