Overall unemployment rate moved down to 6.2% with the biggest shift in Restaurants & Hotels, which gained 900 roles, based on the most recently available information published in June 2021.
Total employment in the Youngstown-Warren-Boardman, OH-PA market declined by 8,764 jobs in May and the unemployment rate decreased compared to the prior month by 60 bps to 6.2%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Youngstown-Warren-Boardman, OH-PA unemployment rate is 70 bps above the national rate which is a negative sign.
- Unemployment in the market is 1,080 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 1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Transportation & Utilities: 42,400; -200
- Education & Healthcare: 39,700; -300
- Government: 26,500; -600
- Restaurants & Hotels: 24,000; +900
- Manufacturing: 22,700; +100
- Business Services: 17,300; no change
- Construction, Mining: 9,300; +400
- Other Jobs: 8,700; +100
- Financial Services: 6,800; no change
- IT & Development: 1,600; +100
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.