Overall unemployment rate moved down to 5.4% with the biggest shift in Transportation & Utilities, which gained 200 roles, based on the most recently available information published in April 2023.
Total employment in the Weirton-Steubenville, WV-OH market rose by 688 jobs in February and the unemployment rate decreased compared to the prior month by 50 bps to 5.4%. The national unemployment rate increased by 3 bps over the same time to 3.9%.
- Weirton-Steubenville, WV-OH unemployment rate is 151 bps above the national rate which is a negative sign.
- Unemployment in the market is 40 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in February versus prior month by 0.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Education & Healthcare: 8,800; +100
- Transportation & Utilities: 8,100; +200
- Government: 7,300; +100
- Manufacturing: 5,000; no change
- Restaurants & Hotels: 4,100; no change
- Business Services: 2,000; no change
- Construction, Mining: 1,700; no change
Data is based on the most recent 12 months available, through February 2023 (Data published April 2023 and reports created on April 10, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.