Overall unemployment rate moved down to 2.5% with the biggest shift in Government, which gained 100 roles, based on the most recently available information published in December 2021.
Total employment in the Staunton-Waynesboro, VA market rose by 650 jobs in October and the unemployment rate decreased compared to the prior month by 30 bps to 2.5%. The national unemployment rate decreased by 30 bps over the same time to 4.3%.
- Staunton-Waynesboro, VA unemployment rate is 176 bps below the national rate which is a positive sign.
- Unemployment in the market is 190 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 0.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.2% . Key sectors include:
- Government: 8,400; +100
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.