United States Congress Joint Economic Committee

West Virginia

August 2019

Labor Market (BLS/Haver)
Most Recent Prior Month 12 Mo. Prior
West Virginia Unemployment (U-3) 4.7% 4.7% 5.2%
U.S. Official Rate (U-3) 3.7% 3.7% 3.9%
U.S. "Real" Rate (U-6) 7.0% 7.2% 7.5%
West Virginia Labor Force Participation Rate 54.8% 54.6% 53.7%
U.S. Labor Force Participation Rate 63.0% 62.9% 62.9%
Prices (BLS/Haver, AAA)
Most Recent Prior Month 12 Mo. Prior
CPI-U Inflation 1.6% 1.8% 2.9%
"Core" CPI Inflation 2.1% 2.0% 2.3%
National Gas/gal. Updated 8/21/19 12:00 AM $2.60 $2.77 $2.83
West Virginia Gas/gal. $2.60 $2.72 $2.84
South Region: Loaf of Bread $1.29 $1.28 $1.31
South Region: Milk/gal. $3.25 $3.32 $3.03
Economic Growth (BEA, WSJ/Haver)
U.S. Real GDP
Q2/2019 (Advance Estimate)
2.1%
WV Real GDP
Q2/2018
3.4%
S&P 500 (YTD)
16.63% Updated 8/20/19 5:00 AM
Minimum Wage (DOL/WHD)
National Hourly Rate
$7.25
WV Hourly Rate
$8.75
Last Generated: 8/21/19 4:00 AM