Overall unemployment rate moved down to 3.9% 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 Hagerstown-Martinsburg, MD-WV market rose by 429 jobs in September and the unemployment rate decreased compared to the prior month by 50 bps to 3.9%. The national unemployment rate decreased by 72 bps over the same time to 4.6%.
- Hagerstown-Martinsburg, MD-WV unemployment rate is 66 bps below the national rate which is a positive sign.
- Unemployment in the market is 200 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 3.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.7% . Key sectors include:
- Transportation & Utilities: 26,200; +500
- Government: 17,200; +600
- Education & Healthcare: 15,700; +100
- Manufacturing: 9,700; no change
- Restaurants & Hotels: 8,800; -200
- Business Services: 8,600; no change
- Financial Services: 5,200; -100
- Construction, Mining: 4,000; no change
- Other Jobs: 2,900; -200
- IT & Development: 1,600; no change
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.