Overall unemployment rate stayed flat at 3.8% with the biggest shift in Government, which gained 1,000 roles, based on the most recently available information published in January 2022.
Total employment in the Huntington-Ashland, WV-KY-OH market declined by 1,254 jobs in November and the unemployment rate stayed flat. The national unemployment rate decreased by 4 bps over the same time to 3.4%.
- Huntington-Ashland, WV-KY-OH unemployment rate is 44 bps above the national rate which is a negative sign.
- Unemployment in the market is 10 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in November versus prior month by 8.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 2.3% . Key sectors include:
- Education & Healthcare: 29,100; no change
- Transportation & Utilities: 24,800; +700
- Government: 22,500; +1,000
Data is based on the most recent 12 months available, through November 2022 (Data published January 2022 and reports created on January 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.