Unemployment rate at 5.9 percent in January
PARKLERSBURG -West Virginia’s seasonally adjusted unemployment rate declined to 5.9 percent in January, WorkForce West Virginia said.
The number of unemployed state residents fell 700 in January to 46,900. Unemployment was down 8,900 over the year.
The national unemployment rate decreased a tenth of a percentage point to 6.6 in January.
West Virginia’s not seasonally adjusted unemployment rate rose from 5.6 percent to 6.8 percent in January.
Total nonfarm payroll employment decreased 1,700 in January, with losses of 300 in the goods-producing sector and 1,400 in the service-providing sector. Within the goods-producing sector, mining and logging added 300 jobs, construction added 200 jobs, and manufacturing declined 800 over the month. Within the service-providing sector, employment gains included 500 in information, 1,100 in financial activities, 800 in leisure and hospitality, and 300 in other services. Employment declines included 600 in trade, transportation, and utilities, 200 in professional and business services, 1,600 in educational and health services, and 1,700 in government.
Since January 2013, total nonfarm payroll employment has fallen 1,300, with a decline of 2,600 in the goods-producing sector countering a gain of 1,300 in the service-providing sector. Employment gains included 400 in mining and logging, 600 in information, 2,100 in financial activities, 800 in professional and business services, and 100 in other services.
Employment declines included 1,900 in construction, 1,100 in manufacturing, 300 in trade, transportation, and utilities, 1,100 in educational and health services, 200 in leisure and hospitality, and 700 in government.