Overall unemployment rate moved down to 4.9% with the biggest shift in Transportation & Utilities, which gained 700 roles, based on the most recently available information published in December 2021.
Total employment in the Youngstown-Warren-Boardman, OH-PA market rose by 1,809 jobs in October and the unemployment rate decreased compared to the prior month by 60 bps to 4.9%. The national unemployment rate decreased by 30 bps over the same time to 4.3%.
- Youngstown-Warren-Boardman, OH-PA unemployment rate is 64 bps above the national rate which is a negative sign.
- Unemployment in the market is 110 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 1.6% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Transportation & Utilities: 43,400; +700
- Education & Healthcare: 40,900; -100
- Government: 28,100; +200
- Restaurants & Hotels: 24,200; +200
- Manufacturing: 22,700; +300
- Business Services: 17,300; -200
- Construction, Mining: 9,800; -100
- Other Jobs: 8,600; no change
- Financial Services: 6,700; no change
- IT & Development: 1,600; no change
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.