Employment Snapshot - Scranton--Wilkes-Barre--Hazleton, PA October-2021

Weller Emmons

VP of Analytics and Finance at Mployer Advisor. He is passionate about leveraging data to provide industry leading insights for Mployer Advisor’s clients. Prior to joining Mployer Advisor, Emmons served as a healthcare provider strategy consultant for Knowledge Capital Group and as an internal strategy consultant at HCA Healthcare. Emmons earned his MBA and BE in Biomedical Engineering, both from Vanderbilt University.

Market Employment Summary

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Additional Benchmarking Resources

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Overall unemployment rate moved down to 5.7% with the biggest shift in Business Services, which gained 1,500 roles, based on the most recently available information published in December 2021.

Total employment in the Scranton--Wilkes-Barre--Hazleton, PA market rose by 2,844 jobs in October and the unemployment rate decreased compared to the prior month by 70 bps to 5.7%. The national unemployment rate decreased by 30 bps over the same time to 4.3%.

Scranton--Wilkes-Barre--Hazleton, PA unemployment rate is 144 bps above the national rate which is a negative sign.
Unemployment in the market is 150 bps below the unemployment rate in the market last year at this time, which is a positive.
Average wages (per hour) grew in October versus prior month by 2.5% and are up compared to last year at this time in the market.

Month over Month Unemployment Change

Year over Year Unemployment Change

Scranton--Wilkes-Barre--Hazleton, PA Unemployment October 2021

For key employment segments of the market, total jobs grew by 1.5% . Key sectors include:

Transportation & Utilities: 64,700; +1,100
Education & Healthcare: 51,700; +1,200
Government: 29,200; +600
Business Services: 27,100; +1,500
Manufacturing: 26,800; -400
Restaurants & Hotels: 18,800; -500
Financial Services: 13,100; -100
Construction, Mining: 10,800; +300
Other Jobs: 7,800; no change
IT & Development: 2,500; no change

Employment Change by Key Sector

Scranton--Wilkes-Barre--Hazleton, PA Unemployment by Industry October 2021

Data is based on the most recent 12 months available, through October 2021 (Data published December 2021 and reports created on December 2, 2021). Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.

Scranton--Wilkes-Barre--Hazleton, PA