Overall unemployment rate moved down to 4.2% with the biggest shift in Government, which gained 300 roles, based on the most recently available information published in April 2022.
Total employment in the Huntington-Ashland, WV-KY-OH market rose by 220 jobs in March and the unemployment rate decreased compared to the prior month by 40 bps to 4.2%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.
- Huntington-Ashland, WV-KY-OH unemployment rate is 45 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 March versus prior month by 12.8% 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: 28,200; +100
- Transportation & Utilities: 24,700; -100
- Government: 22,700; +300
- Business Services: 13,700; no change
- Restaurants & Hotels: 13,700; +100
- Manufacturing: 10,500; +100
- Construction, Mining: 7,100; no change
- Financial Services: 4,600; +100
- Other Jobs: 4,400; no change
- IT & Development: 1,000; no change
Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.