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Thursday, November 29, 2007

Pittsburgh Unemployment Rate Flat for October

The unemployment rate, as reported by the Pennsylvania State Center for Workforce Information and Analysis, held steady in October at 4.6% for the third consecutive month. This compares to a state rate of 4.5% and a national rate of 4.7%. Pittsburgh’s rate was down one tenth of a point from a year ago. The service sector accounted for the largest gain (up 5,200 jobs) lead by the education sector as schools reached full employment. However, leisure and hospitality lost 2,800 jobs, which is considered typical as seasonal businesses wound down and students went back to school.

Education and health services reached record highs in October. Overall, the Pittsburgh metro area added 3,000 jobs from one year ago.

How does this relate to employment OPPORTUNITY in Pittsburgh?

Overall job growth in Pittsburgh has been anemic compared to both statewide and national growth figures over the past year. However, with population out migration and having one of the oldest median ages of any metro in the country, more residents are reaching retirement age than are entering the job market. This has kept opportunities for hourly and entry level jobs at high levels. We are seeing continued strong demand for mechanics, sales, nursing and allied health and unusually high demand for factory and warehouse jobs. Below is a map of unemployment rates from across the state for SEPTEMBER. Click on the image to increase size.




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Job News and Information for Job Seekers and Recruiters

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