Overall unemployment rate moved up to 2.7% with the biggest shift in Government, which lost 100 roles, based on the most recently available information published in September 2022.

Total employment in the Winchester, VA-WV market declined by 1,133 jobs in August and the unemployment rate increased compared to the prior month by 20 bps to 2.7%. The national unemployment rate stayed flat over the same time period at 3.8%.

  • Winchester, VA-WV unemployment rate is 109 bps below the national rate which is a positive sign.
  • Unemployment in the market is 30 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in August versus prior month by 9.5% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Winchester, VA-WV Unemployment August 2022

For key employment segments of the market, total jobs declined by -0.4%. Key sectors include:

  • Transportation & Utilities: 15,600; no change
  • Government: 9,800; -100
Winchester, VA-WV Unemployment by Industry August 2022

Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.