West Virginia’s Unemployment Rate Drops to 8.6 Percent in May

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West Virginia’s Unemployment Rate Drops to 8.6 Percent in May

West Virginia’s unemployment rate inched downward one-tenth of a percentage point to 8.6 percent in May, WorkForce West Virginia reported today. The number of unemployed state residents fell 200 to 67,700. Total unemployment was unchanged over the year.

Total nonfarm payroll employment added 1,100 jobs, with a gain of 1,400 in the goodsproducing sector easily overpowering a slight decline of 300 in the service-providing sector. Employment gains within the goods-producing sector included 1,000 in construction and 600 in mining and logging. Manufacturing employment declined 200. Within the service-providing sector, gains included 1,300 in leisure and hospitality, 300 in educational and health services, 100 in financial activities, 100 in other services, and 100 in government. Employment declines included 1,800 in professional and business services and 400 in trade, transportation, and utilities. Information employment was unchanged over the month.

Since May 2010, total nonfarm payroll employment has risen 1,700, with gains of 1,500 in the goods-producing sector and 200 in the service-providing sector. Employment gains included 2,500 in educational and health services, 2,300 in mining and logging, 2,000 in professional and business services, 1,000 in trade, transportation, and utilities, 300 in manufacturing, 300 in information, and 200 in leisure and hospitality. Employment declines included 5,600 in government, due largely to the loss of federal census workers who were actively collecting data at this time last year, 1,100 in construction, 100 in financial activities, and 100 in other services.

West Virginia’s seasonally adjusted unemployment rate declined two-tenths of a percentage point to 8.6 percent, while the national rate inched upward one-tenth of a percentage point to 9.1 percent.