Overall unemployment rate moved down to 2.4% with the biggest shift in Transportation & Utilities, which gained 200 roles, based on the most recently available information published in November 2021.
Total employment in the Winchester, VA-WV market declined by 639 jobs in September and the unemployment rate decreased compared to the prior month by 40 bps to 2.4%. The national unemployment rate decreased by 72 bps over the same time to 4.6%.
- Winchester, VA-WV unemployment rate is 216 bps below the national rate which is a positive sign.
- Unemployment in the market is 220 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in September versus prior month by 9.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.7% . Key sectors include:
- Transportation & Utilities: 14,600; +200
- Government: 9,700; +200
Data is based on the most recent 12 months available, through September 2021 (Data published November 2021 and reports created on November 3, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.