Overall unemployment rate moved up to 4.5% with the biggest shift in Transportation & Utilities, which lost 1,000 roles, based on the most recently available information published in March 2022.
Total employment in the York-Hanover, PA market rose by 3,672 jobs in January and the unemployment rate increased compared to the prior month by 130 bps to 4.5%. The national unemployment rate increased by 74 bps over the same time to 4.4%.
- York-Hanover, PA unemployment rate is 7 bps above the national rate which is a negative sign.
- Unemployment in the market is 220 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in January versus prior month by 1.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.9%. Key sectors include:
- Transportation & Utilities: 41,000; -1,000
- Manufacturing: 31,000; no change
- Education & Healthcare: 27,100; -1,000
- Business Services: 21,900; -500
- Government: 18,600; -200
- Restaurants & Hotels: 14,500; -500
- Construction, Mining: 11,400; -200
- Other Jobs: 9,500; -100
- Financial Services: 5,400; no change
- IT & Development: 1,000; no change
Data is based on the most recent 12 months available, through January 2022 (Data published March 2022 and reports created on March 18, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.