Overall unemployment rate moved down to 3.4% with the biggest shift in Government, which gained 400 roles, based on the most recently available information published in November 2022.
Total employment in the Parkersburg-Vienna, WV market declined by 79 jobs in September and the unemployment rate decreased compared to the prior month by 110 bps to 3.4%. The national unemployment rate decreased by 47 bps over the same time to 3.3%.
- Parkersburg-Vienna, WV unemployment rate is 8 bps above the national rate which is a negative sign.
- Unemployment in the market is 60 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 9.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 2.7% . Key sectors include:
- Government: 8,100; +400
- Education & Healthcare: 7,100; 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.