August 17, 2018

PA Unemployment Rate Down To 4.2 Percent In July

Pennsylvania’s unemployment rate declined one-tenth of a percentage point from June to 4.2 percent, the lowest rate since it was matched in May 2007, according to the Department of Labor and Industry Friday. 
Over the year, the Pennsylvania unemployment rate declined by six-tenths of a percentage point.
The estimated number of Pennsylvania residents working or looking for work, known as the civilian labor force, was up 7,000 in July as a 15,000 gain in employment outweighed a decline of 8,000 from the ranks of the unemployed.
This was the second consecutive month in which employment rose while unemployment fell. Over the year, the civilian labor force was down by 50,000 with the majority of the movement due to a decrease in unemployment.
The estimated number of jobs in Pennsylvania, referred to as total nonfarm jobs, was up 2,100 from June to a record high of 6,020,500.
NewsClip: