Overall unemployment rate moved down to 4.5% with the biggest shift in Government, which gained 1,500 roles, based on the most recently available information published in November 2022.
Total employment in the Youngstown-Warren-Boardman, OH-PA market declined by 1,235 jobs in September and the unemployment rate decreased compared to the prior month by 90 bps to 4.5%. The national unemployment rate decreased by 47 bps over the same time to 3.3%.
- Youngstown-Warren-Boardman, OH-PA unemployment rate is 118 bps above the national rate which is a negative sign.
- Unemployment in the market is 90 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in September versus prior month by 4.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.3%. Key sectors include:
- Transportation & Utilities: 44,500; no change
- Education & Healthcare: 38,100; -400
- Government: 27,700; +1,500
- Restaurants & Hotels: 26,000; -900
- Manufacturing: 24,600; -200
- Business Services: 16,600; -100
- Construction, Mining: 10,100; -200
- Other Jobs: 9,300; -300
- Financial Services: 6,600; no change
Data is based on the most recent 12 months available, through September 2022 (Data published November 2022 and reports created on November 2, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.