Overall unemployment rate moved down to 5.2% with the biggest shift in Transportation & Utilities, which lost 200 roles, based on the most recently available information published in May 2023.
Total employment in the Weirton-Steubenville, WV-OH market rose by 70 jobs in March and the unemployment rate decreased compared to the prior month by 20 bps to 5.2%. The national unemployment rate decreased by 27 bps over the same time to 3.6%.
- Weirton-Steubenville, WV-OH unemployment rate is 158 bps above the national rate which is a negative sign.
- Unemployment in the market is equal to the unemployment rate in the market last year at this time.
- Average wages (per hour) grew in March versus prior month by 1.6% 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: 8,800; no change
- Transportation & Utilities: 7,900; -200
- Government: 7,300; no change
- Manufacturing: 5,000; no change
- Restaurants & Hotels: 4,200; +100
- Business Services: 2,000; no change
- Construction, Mining: 1,800; +100
Data is based on the most recent 12 months available, through March 2023 (Data published May 2023 and reports created on May 9,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.