Overall unemployment rate moved down to 5.2% , based on the most recently available information published in April 2022.
Total employment in the Weirton-Steubenville, WV-OH market rose by 7 jobs in March and the unemployment rate decreased compared to the prior month by 60 bps to 5.2%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.
- Weirton-Steubenville, WV-OH unemployment rate is 145 bps above the national rate which is a negative sign.
- Unemployment in the market is 200 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in March versus prior month by -6.5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs stayed flat. Key sectors include:
- Education & Healthcare: 8,700; no change
- Transportation & Utilities: 8,400; no change
- Government: 7,000; no change
- Manufacturing: 4,700; no change
- Restaurants & Hotels: 4,100; no change
- Business Services: 1,900; no change
- Construction, Mining: 1,700; no change
Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.