Overall unemployment rate moved down to 4.1% with the biggest shift in Government, which gained 500 roles, based on the most recently available information published in November 2022.
Total employment in the Cumberland, MD-WV market rose by 604 jobs in September and the unemployment rate decreased compared to the prior month by 120 bps to 4.1%. The national unemployment rate decreased by 47 bps over the same time to 3.3%.
- Cumberland, MD-WV unemployment rate is 78 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 September versus prior month by 1.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 6.6% . Key sectors include:
- Government: 8,100; +500
Data is based on the most recent 12 months available, through September 2022 (Data published November 2022 and reports created on November 2, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.