Overall unemployment rate stayed flat at 3.1% with the biggest shift in Government, which lost 200 roles, based on the most recently available information published in June 2021.
Total employment in the Winchester, VA-WV market rose by 162 jobs in May and the unemployment rate stayed flat. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Winchester, VA-WV unemployment rate is 240 bps below the national rate which is a positive sign.
- Unemployment in the market is 440 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 4.5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.2%. Key sectors include:
- Transportation & Utilities: 14,400; -100
- Government: 9,700; -200
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.