Employment Snapshot - Scranton--Wilkes-Barre--Hazleton, PA May-2022

Weller Emmons

VP of Analytics and Finance at Mployer Advisor. He is passionate about leveraging data to provide industry leading insights for Mployer Advisor’s clients. Prior to joining Mployer Advisor, Emmons served as a healthcare provider strategy consultant for Knowledge Capital Group and as an internal strategy consultant at HCA Healthcare. Emmons earned his MBA and BE in Biomedical Engineering, both from Vanderbilt University.

Market Employment Summary

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Additional Benchmarking Resources

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Overall unemployment rate moved down to 4.9% with the biggest shift in Restaurants & Hotels, which gained 1,100 roles, based on the most recently available information published in June 2022.

Total employment in the Scranton--Wilkes-Barre--Hazleton, PA market rose by 2,780 jobs in May and the unemployment rate decreased compared to the prior month by 20 bps to 4.9%. The national unemployment rate increased by 4 bps over the same time to 3.4%.

Scranton--Wilkes-Barre--Hazleton, PA unemployment rate is 152 bps above the national rate which is a negative sign.
Unemployment in the market is 300 bps below the unemployment rate in the market last year at this time, which is a positive.
Average wages (per hour) grew in May versus prior month by 2% and are up compared to last year at this time in the market.

Month over Month Unemployment Change

Year over Year Unemployment Change

Scranton--Wilkes-Barre--Hazleton, PA Unemployment May 2022

For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:

Transportation & Utilities: 68,800; -200
Education & Healthcare: 48,900; -200
Manufacturing: 28,600; -100
Business Services: 28,200; -600
Government: 27,800; +200
Restaurants & Hotels: 22,200; +1,100
Financial Services: 11,800; +100
Construction, Mining: 10,500; +200
Other Jobs: 8,100; +100
IT & Development: 3,000; +100

Employment Change by Key Sector

Scranton--Wilkes-Barre--Hazleton, PA Unemployment by Industry May 2022

Data is based on the most recent 12 months available, through May 2022 (Data published June 2022 and reports created on June 29, 2022). Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.

Scranton--Wilkes-Barre--Hazleton, PA