Overall unemployment rate moved down to 3.7% with the biggest shift in Construction, Mining, which gained 400 roles, based on the most recently available information published in June 2023.
Total employment in the Huntington-Ashland, WV-KY-OH market rose by 1,525 jobs in April and the unemployment rate decreased compared to the prior month by 30 bps to 3.7%. The national unemployment rate decreased by 53 bps over the same time to 3.1%.
- Huntington-Ashland, WV-KY-OH unemployment rate is 60 bps above the national rate which is a negative sign.
- Unemployment in the market is 10 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 4.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Education & Healthcare: 29,700; +100
- Transportation & Utilities: 24,000; -100
- Government: 23,900; -100
- Restaurants & Hotels: 14,800; +100
- Business Services: 13,300; no change
- Manufacturing: 11,800; +100
- Construction, Mining: 6,700; +400
- Other Jobs: 4,500; +100
- Financial Services: 4,000; no change
- IT & Development: 1,200; no change
Data is based on the most recent 12 months available, through April 2023 (Data published June 2023 and reports created on June 8,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.