Overall unemployment rate moved up to 3.8% , based on the most recently available information published in July 2021.
Total employment in the Staunton-Waynesboro, VA market rose by 744 jobs in June and the unemployment rate increased compared to the prior month by 40 bps to 3.8%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Staunton-Waynesboro, VA unemployment rate is 229 bps below the national rate which is a positive sign.
- Unemployment in the market is 390 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in June versus prior month by -3.9% 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: 8,500; no change
Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.