Overall unemployment rate moved up to 5.9% with the biggest shift in Transportation & Utilities, which lost 400 roles, based on the most recently available information published in March 2023.
Total employment in the Weirton-Steubenville, WV-OH market declined by 393 jobs in January and the unemployment rate increased compared to the prior month by 110 bps to 5.9%. The national unemployment rate increased by 60 bps over the same time to 3.9%.
- Weirton-Steubenville, WV-OH unemployment rate is 204 bps above the national rate which is a negative sign.
- Unemployment in the market is 10 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) declined in January versus prior month by -0.3% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -2.9%. Key sectors include:
- Education & Healthcare: 8,600; -200
- Transportation & Utilities: 8,000; -400
- Government: 7,100; -200
- Manufacturing: 5,000; no change
- Restaurants & Hotels: 4,100; -100
- Business Services: 2,000; -100
- Construction, Mining: 1,700; -100
Data is based on the most recent 12 months available, through January 2023 (Data published March 2023 and reports created on March 17, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.