Overall unemployment rate moved down to 4.8% with the biggest shift in Business Services, which gained 400 roles, based on the most recently available information published in June 2021.
Total employment in the Huntington-Ashland, WV-KY-OH market declined by 681 jobs in May and the unemployment rate decreased compared to the prior month by 40 bps to 4.8%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Huntington-Ashland, WV-KY-OH unemployment rate is 70 bps below the national rate which is a positive sign.
- Unemployment in the market is 830 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in May versus prior month by -1.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Education & Healthcare: 28,500; +100
- Transportation & Utilities: 25,100; +200
- Government: 23,700; +300
- Business Services: 13,200; +400
- Restaurants & Hotels: 13,200; +400
- Manufacturing: 10,600; no change
- Construction, Mining: 7,500; no change
- Financial Services: 4,300; no change
- Other Jobs: 4,000; no change
- IT & Development: 1,100; no change
Data is based on the most recent 12 months available, through May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.