Overall unemployment rate moved up to 3.1% with the biggest shift in Government, which gained 100 roles, based on the most recently available information published in September 2022.
Total employment in the Staunton-Waynesboro, VA market declined by 370 jobs in August and the unemployment rate increased compared to the prior month by 40 bps to 3.1%. The national unemployment rate stayed flat over the same time period at 3.8%.
- Staunton-Waynesboro, VA unemployment rate is 69 bps below the national rate which is a positive sign.
- Unemployment in the market is 30 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in August versus prior month by -0.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.3% . Key sectors include:
- Government: 8,000; +100
Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.