July 20, 2018

PA Unemployment Falls To 4.3 Percent In June, Lowest In 11 Years

Pennsylvania’s unemployment rate declined two-tenths of a percentage point from May to 4.3 percent, the lowest rate in 11 years (June 2007), according to the Department of Labor and Industry Friday.
The Commonwealth’s rate remained above the U.S. rate, which rose by two-tenths of a percentage point to 4.0 percent. Over the year, the Pennsylvania unemployment rate declined by one-half of a percentage point.
The estimated number of Pennsylvania residents working or looking for work, known as the civilian labor force, was essentially unchanged in June at 6,363,000, as a drop in unemployment over the month was matched by a gain in employment.
Over the year, the civilian labor force was down by 61,000 due to declines in both employment and unemployment.
The estimated number of jobs in Pennsylvania, referred to as total nonfarm jobs, was up 4,000 from May to a record high of 6,016,900. Highlights from this month’s jobs report include:
-- 15th consecutive month jobs established a record high level
-- Jobs were up in six of the 11 industry supersectors
-- Leisure & hospitality experienced the largest supersector gain, up 3,600 in June
Total nonfarm jobs in Pennsylvania were up 1.3 percent from June 2017. During this timeframe, nine supersectors in the commonwealth added jobs with increases ranging from 33,600 in education & health services to 2,000 in mining & logging. Nationally, jobs were up 1.6 percent over the year.
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