Weirton Area Economic Summary
Updated May 31, 2017
This summary presents a sampling of economic information for the area; supplemental data are provided for regions
and the nation. Subjects include unemployment, employment, wages, prices, spending, and benefits. All data are
not seasonally adjusted and some may be subject to revision. Area definitions may differ by subject. For more area
summaries and geographic definitions, see www.bls.gov/regions/economic-summaries.htm.
Unemployment rates for the Weirton area,
selected area counties, and the nation
Average weekly wages for all industries by county
Weirton area, 3rd quarter 2016
(U.S. = $1,027; Area = $738)
Unemployment rates
4.7
United States
4.1
8.1
Weirton area
6.4
7.2
Brooke Co., WV
5.9
7.1
Hancock Co., WV
6.1
8.9
Jefferson Co., OH
6.8
0.0
2.0
4.0
6.0
Apr-16
8.0
10.0
Apr-17
Source: U.S. BLS, Local Area Unemployment Statistics.
Source: U.S. BLS, Quarterly Census of Employment and Wages.
Over-the-year changes in employment on nonfarm payrolls and employment by major industry sector
12-month percent changes in employment
Percent
Weirton area employment
(numbers in thousands)
3.0
2.0
1.0
0.0
-1.0
-2.0
-3.0
-4.0
-5.0
Apr-14
Weirton area
Apr-15
United States
Apr-16
Source: U.S. BLS, Current Employment Statistics.
Apr-17
Total nonfarm
Mining, logging, and construction
Manufacturing
Trade, transportation, and utilities
Information
Financial activities
Professional and business services
Education and health services
Leisure and hospitality
Other services
Government
Change from Apr.
Apr. 2017
2016 to Apr. 2017
Number
Percent
-1.1
0.1
-0.4
-0.1
-0.2
0.2
0.0
-0.4
-2.6
6.7
-7.3
-1.1
-11.1
2.2
0.0
-6.6
41.3
1.6
5.1
8.7
1.6
9.3
5.0
5.7
Source: U.S. BLS, Current Employment Statistics.
• www.bls.gov/ro6
Over-the-year changes in the selling prices received by
producers for selected industries nationwide
Over-the-year change in the prices paid by urban
consumers for selected categories
12-month percent change in CPI-U, April 2017
Percent
15.0
12.0
9.6
10.0
5.0
0.0
6.0
-5.0
4.0
2.0
0.0
General freight trucking
Hospitals
Primary metal mfg
10.0
9.3
Midwest region
U.S. city average
8.0
12-month percent changes in PPI
1.8
2.2
-10.0
0.0
All Items
0.5
Food
-15.0
Energy
-20.0
Apr-14
Source: U.S. BLS, Consumer Price Index.
Average annual spending and percent distribution for
selected categories
Midwest Region average annual expenditures 2015
Apr-15
Healthcare
$4,616
8.4%
Personal
insurance &
pensions
$6,260
11.4%
Food
$7,090
12.9%
Transportation
$9,597
17.4%
Total:
$55,071
Employer costs per hour worked for wages and
selected employee benefits by geographic division
Total compensation
Wages and salaries
Total benefits
Paid leave
Vacation
Supplemental pay
Insurance
Retirement and savings
Legally required benefits
United
States
$18.53
$23.86
Accountants and auditors
33.07
36.89
Registered nurses
28.09
34.70
Electricians
26.56
27.24
Carpenters
23.26
23.24
Construction laborers
15.49
18.22
Customer service representatives
12.54
16.91
Retail salespersons
12.25
13.07
Packers and packagers, hand
11.92
11.74
Tellers
10.97
13.49
Waiters and waitresses
10.11
11.73
Cashiers
9.51
10.43
Cooks, fast food
9.38
9.89
Source: U.S. BLS, Occupational Employment Statistics, May 2015.
Source: U.S. BLS, Consumer Expenditure Survey.
Private industry, December
2016
Weirton area
Total, all occupations
Housing
$17,370
31.5%
Apr-17
Average hourly wages for selected occupations
Occupation
All other
$10,138
18.4%
Apr-16
Source: U.S. BLS, Producer Price Index.
East North
Central (1)
$30.40
21.14
9.26
2.09
1.14
0.85
2.71
1.18
2.43
(1) East North Central includes IL, IN, MI, OH, and WI.
Source: U.S. BLS, Employer Costs for Employee Compensation.
United
States
$32.76
22.83
9.93
2.28
1.17
1.15
2.63
1.31
2.56
Over-the-year changes in wages and salaries
Percent
3.5
12-month percent changes in ECI
3.0
2.5
2.0
1.5
1.0
0.5
0.0
Mar-14
East North Central
Mar-15
United States
Mar-16
Source: U.S. BLS, Employment Cost Index.
Mid-Atlantic Information Office • [email protected] • https://www.bls.gov/regions/mid-atlantic • 215-597-3282
Mar-17