Overall unemployment rate moved down to 3.7% with the biggest shift in Manufacturing, which gained 500 roles, based on the most recently available information published in June 2022.
Total employment in the Huntington-Ashland, WV-KY-OH market rose by 1,132 jobs in April and the unemployment rate decreased compared to the prior month by 50 bps to 3.7%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- Huntington-Ashland, WV-KY-OH unemployment rate is 36 bps above the national rate which is a negative sign.
- Unemployment in the market is 180 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 12.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:
- Education & Healthcare: 28,100; -100
- Transportation & Utilities: 24,600; -200
- Government: 22,500; no change
- Business Services: 13,900; +200
- Restaurants & Hotels: 13,700; +100
- Manufacturing: 11,000; +500
- Construction, Mining: 7,400; +300
- Financial Services: 4,500; no change
- Other Jobs: 4,400; no change
- IT & Development: 1,000; no change
Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.