Friday, March 6, 2020

January Unemployment Up In PA To 4.7 Percent, Payrolls Hit New Record

On March 6, the Department of Labor and Industry reported January unemployment in Pennsylvania was 4.7 percent, up one-tenth of a percent from December.
The national rate was also up a tenth from December to 3.6 percent.
The Commonwealth’s unemployment rate increased by six-tenths of a percentage point from January 2019 while the national rate was down four-tenths of a percentage point over the year.
Pennsylvania’s civilian labor force – the estimated number of residents working or looking for work – was up 11,000 over the month to a record high of 6,549,000 due to gains in both employment and unemployment.
Pennsylvania’s total nonfarm jobs rose 13,500 from December to a record high of 6,093,000. Jobs were up in seven of the 11 industry supersectors. The largest volume supersector gain was in construction, which rose to match the record high set in January 2007. 
Although no other supersectors were at record highs in January, three others were at record high levels in November 2019 – professional & business services, education & health services, and leisure & hospitality.
Over the year, total nonfarm jobs in Pennsylvania were up 40,400 with gains in seven of the 11 supersectors. The largest volume 12-month change among supersectors was an increase of 17,600 jobs in education & health services.
NewsClip:
AP: Unemployment Rises, But PA Payrolls Hit New Record
[Posted: March 6, 2020]

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