W.Va. unemployment rates drop in May
CHARLESTON – The state unemployment rate dropped to 6.2 percent in May, officials with Workforce West Virginia reported recently. West Virginia’s seasonally adjusted unemployment rate declined four-tenths of a percentage point to 6.2 percent in May, officials reported.
The number of unemployed state residents fell 3,300 to 50,200. Total unemployment was down 8,600 over the year. The national unemployment rate increased one-tenth of a percentage point to 7.6 percent.
Total nonfarm payroll employment declined 600, where a gain of 800 in the goods-producing sector was narrowly offset by a loss of 200 in the service-providing sector.
Within the goods-producing sector, mining and logging added 300 jobs, construction was unchanged, and manufacturing employment added 500. Within the service-providing sector, employment gains included 1,300 in leisure and hospitality, and 400 in other services.
Employment declines included 600 in trade, transportation and utilities, 300 in information, 100 in financial activities, 200 in professional and business services, 300 in educational and health service, and 400 in government.
Since May 2012, total nonfarm payroll employment has added 4,100 jobs, with gains of 1,700 in the service-providing sector and 2,400 in the goods-producing sector. Employment gains included 2,500 in mining and logging, 1,400 in educational and health services, and 1,800 in leisure and hospitality. Employment declines included 400 in manufacturing, 400 in information, 200 in financial activities, 800 in professional and business services, and 500 in government. Employment in other services was unchanged.
Unemployment rates declined in all 55 counties as well.
Two counties reported an unemployment rate above 10 percent: Pocahontas (10.3) and Webster (10.8).
Three counties reported an unemployment rate at or below four percent. These included Pendleton (4.0), Jefferson (3.9), and Monongalia (3.9).
Wood County had a civilian labor force of 38,680 in May compared to 38,720 in April and 38,990 in May 2012.
Wood County had a total employment number of 36,450 in May compared to 36,190 in April and 36,170 in May 2012.
Wood County had a total unemployment number of 2,230 in May compared to 2,520 in April and 2,820 in May 2012.
Wood County’s unemployment rate was 5.8 in May, down from 6.5 in April and 7.2 in May 2012.
West Virginia’s not seasonally adjusted unemployment rate fell seven-tenths of a percentage point to 5.9 percent, the first time the state unemployment rate has fallen below six percent since 2008.