Overall unemployment rate moved down to 4.6% with the biggest shift in Government, which gained 0 roles, based on the most recently available information published in April 2021.
Total employment in the Staunton-Waynesboro, VA market declined by 323 jobs in February and the unemployment rate decreased compared to the prior month by 20 bps to 4.6%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.
- Staunton-Waynesboro, VA unemployment rate is 195 bps below the national rate which is a positive sign.
- Unemployment in the market is 210 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) declined in February 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 stayed flat. Key sectors include:
- Government: 8,400; no change
Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.