| In West Virginia, job growth remains stagnant but workers are finding jobs, according to a report released this week by Jobs Count.
The state's job picture is a mixed success for the first quarter of 2012.
The state's unemployment rate fell below seven
percent for the first time since March of 2009, as
the number of employed West Virginians grew by
2,508 to 748,686, the highest level in nearly three
years.
In addition, the number of unemployed
West Virginians fell by 2,139 to 55,409, while the
state's labor force grew to 804,095, a gain of 369.
This discrepancy between the jobs count and the
unemployment rate suggests that a number of
West Virginia residents are employed out of state.
Still, the nation's unemployment statistics have been based on a formula created about thirty years ago, based on the number of people currently receiving unemployment benefits. |
