Overall unemployment rate moved down to 6.8% with the biggest shift in Restaurants & Hotels, which lost 200 roles, based on the most recently available information published in September 2021.
Total employment in the Youngstown-Warren-Boardman, OH-PA market rose by 2,179 jobs in August and the unemployment rate decreased compared to the prior month by 70 bps to 6.8%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- Youngstown-Warren-Boardman, OH-PA unemployment rate is 151 bps above the national rate which is a negative 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 August versus prior month by 2.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.3%. Key sectors include:
- Transportation & Utilities: 42,600; -100
- Education & Healthcare: 40,200; no change
- Government: 26,200; -100
- Restaurants & Hotels: 23,400; -200
- Manufacturing: 22,600; -100
- Business Services: 17,400; -200
- Construction, Mining: 10,000; no change
- Other Jobs: 8,600; no change
- Financial Services: 6,800; no change
- IT & Development: 1,600; no change
Data is based on the most recent 12 months available, through August 2021 (Data published September 2021 and reports created on September 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.