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Tuesday, February 2, 2010

Pittsburgh Metro Unemployment Rate Levels off In December. Is the Worst Now Behind Us?

Unemployment figures released today by the Pennsylvania Department of Labor and Industry show December came in at 7.9%, the same as November. The source of strength for the report was manufacturing which lost no jobs from the month earlier.

This is consistent with ISM indexes released recently that show manufacturing nationwide is picking up as businesses strive to begin restocking shelves depleted by a year of inventory reductions.

Pittsburgh unemployment appears to have peaked in October when it hit 8.2%. For more details visit a summary from the Tribune Review and the Center for Workforce Information and Analysis Department of Labor and Industry of Pennsylvania.

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