Overall unemployment rate moved up to 5.8% with the biggest shift in Transportation & Utilities, which lost 200 roles, based on the most recently available information published in March 2022.
Total employment in the Weirton-Steubenville, WV-OH market declined by 62 jobs in January and the unemployment rate increased compared to the prior month by 170 bps to 5.8%. The national unemployment rate increased by 74 bps over the same time to 4.4%.
- Weirton-Steubenville, WV-OH unemployment rate is 137 bps above the national rate which is a negative sign.
- Unemployment in the market is 220 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in January versus prior month by -2.6% and are equal compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -2.2%. Key sectors include:
- Education & Healthcare: 8,600; -100
- Transportation & Utilities: 8,200; -200
- Government: 7,000; -100
- Manufacturing: 4,800; no change
- Restaurants & Hotels: 4,000; -200
- Business Services: 1,900; -100
- Construction, Mining: 1,700; -100
Data is based on the most recent 12 months available, through January 2022 (Data published March 2022 and reports created on March 18, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.