February 2012 Jobs Count
Job Growth Trend Reversed in February – After seven months of job growth, West Virginia experienced its worst month of job growth since last June, losing 1,300 jobs in February. Total nonfarm employment now stands at 762,600. Despite this job loss, there were a few bright spots in February. West Virginia’s total nonfarm employment still remains higher than its pre-recession levels, and the state’s unemployment rate fell to 7.2 percent. In addition, the number of unemployed workers in the state fell by 1,904, while the labor force grew by 1,365. Read
A Closer Look: Unemployment and the Job Shortage
Even as the economy improves and demand for goods and services increases, there are still not enough jobs for all willing and able workers. At the current pace of job growth, it may still be years before there are enough jobs for all of the available workers.