Overall unemployment rate moved up to 2.4% with the biggest shift in Government, which gained 300 roles, based on the most recently available information published in December 2022.

Total employment in the Winchester, VA-WV market rose by 814 jobs in October and the unemployment rate increased compared to the prior month by 20 bps to 2.4%. The national unemployment rate increased by 8 bps over the same time to 3.4%.

  • Winchester, VA-WV unemployment rate is 100 bps below the national rate which is a positive sign.
  • Unemployment in the market is 10 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in October versus prior month by 11.6% 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 October 2022

For key employment segments of the market, total jobs grew by 2.3% . Key sectors include:

  • Transportation & Utilities: 15,600; +300
  • Government: 10,800; +300
Winchester, VA-WV Unemployment by Industry October 2022

Data is based on the most recent 12 months available, through October 2022 (Data published December 2022 and reports created on December 2, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.