Overall unemployment rate moved up to 4.3% with the biggest shift in Restaurants & Hotels, which lost 500 roles, based on the most recently available information published in September 2022.
Total employment in the Canton-Massillon, OH market declined by 2,462 jobs in August and the unemployment rate increased compared to the prior month by 10 bps to 4.3%. The national unemployment rate stayed flat over the same time period at 3.8%.
- Canton-Massillon, OH unemployment rate is 51 bps above the national rate which is a negative sign.
- Unemployment in the market is 50 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 2.8% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.4%. Key sectors include:
- Transportation & Utilities: 32,000; no change
- Education & Healthcare: 30,500; no change
- Manufacturing: 25,000; -200
- Restaurants & Hotels: 18,700; -500
- Government: 18,400; -100
- Business Services: 17,400; no change
- Construction, Mining: 9,300; no change
- Other Jobs: 8,300; +100
- Financial Services: 7,600; no change
- IT & Development: 1,400; no change
Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.