Overall unemployment rate moved down to 3.6% with the biggest shift in Government, which gained 800 roles, based on the most recently available information published in November 2022.
Total employment in the Huntington-Ashland, WV-KY-OH market rose by 466 jobs in September and the unemployment rate decreased compared to the prior month by 100 bps to 3.6%. The national unemployment rate decreased by 47 bps over the same time to 3.3%.
- Huntington-Ashland, WV-KY-OH unemployment rate is 28 bps above the national rate which is a negative sign.
- Unemployment in the market is 70 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 10% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Education & Healthcare: 29,000; +200
- Transportation & Utilities: 24,200; +200
- Government: 21,400; +800
- Business Services: 13,900; -100
- Restaurants & Hotels: 13,800; +300
- Manufacturing: 11,200; no change
- Construction, Mining: 7,500; +100
- Financial Services: 4,500; -100
- Other Jobs: 4,300; no change
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.