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Showing posts with label Pittsburgh Unemployment Rate. Show all posts
Showing posts with label Pittsburgh Unemployment Rate. Show all posts

Tuesday, August 30, 2011

Pittsburgh MSA Unemployment Rate Ticks Up To 7.4% In July

HARRISBURG (AUGUST 30) In July, the seasonally adjusted unemployment rate in the seven-county Pittsburgh Metropolitan Statistical Area (MSA) rose one-tenth of a percentage point to 7.4 percent. The local rate was below Pennsylvania’s rate (7.8%) and the United States’ rate (9.1%). The Pittsburgh MSA’s unemployment rate was down five-tenths of a percentage point from July 2010, while Pennsylvania’s rate was down eight-tenths of a percentage point and the national rate was down four-tenths over the same period.

Among the commonwealth’s 14 MSAs, the Pittsburgh MSA had the sixth lowest unemployment rate in July. Within the Pittsburgh MSA, Butler County (6.9%) had the lowest rate and Fayette County (9.4%) had the highest rate. Among Pennsylvania’s 67 counties, unemployment rates ranged from 6.1 percent in Centre County to 11.0 percent in Cameron County.

Seasonally adjusted total nonfarm jobs in the Pittsburgh MSA rose 2,900 in July to 1,143,100. July marked the sixth monthly increase in seasonally adjusted total nonfarm jobs in the 2011 calendar year. Statewide jobs also trended positively, adding 8,700 in July to 5,693,200. Jobs in the Pittsburgh MSA were up 14,600 (1.3%) from July 2010, while Pennsylvania’s jobs rose 70,500 (1.3%) from the previous year’s level.

Goods-producing jobs in the Pittsburgh MSA fell by 100 in July to 152,900. July’s goods-producing decline followed four consecutive months of increases of at least 3,000. Construction continued to show growth (+600), and has now shown positive movements for five consecutive months. Manufacturing accounted for the only goods-producing decline, ending a four-month positive trend. Over the year, goods producers have added 3,800 jobs, with manufacturing (+1,500), mining & logging (+1,200), and construction (+1,100) all showing increases beyond previous year’s levels. 

Service-providing jobs fell 10,900 in July, returning below the one million job mark. Government provided the steepest decline in July, carried by a seasonal job loss in public schools. The local government decline of 11,900 was slightly larger than the previous five-year average decline of 10,300. Trade, transportation, and utilities experienced the second largest over-the-month job decline, down 1,800. This decline was associated with school bus transportation, and was relatively minor compared to the previous five-year average decline. Professional & business services provided the largest July increase, adding 1,700 jobs and matching the supersector record level of 163,200 set in July of 2008. Leisure & hospitality added 600 jobs in July, establishing a new all-time high level of 116,200.

Over the year, five out of the eight service providing supersectors have shown growth. Trade, transportation, & utilities (+4,800), professional & business services (+3,300), and education & health services (+3,000) have provided the greatest over-the-year increases. Conversely, government (-2,700), information (-300), and other services (-100) have experienced declines from the previous year’s levels.

Tuesday, June 2, 2009

April Unemployment Rate for Pittsburgh Metro Rises to 7.3%, Up 1/10th Point

HARRISBURG (JUNE 2) – The seasonally adjusted unemployment rate for the seven-county Pittsburgh Metropolitan Statistical Area (MSA) rose one-tenth of a percentage point in April to 7.3 percent.

The rate was below those of Pennsylvania (7.8 percent) and the United States (8.9 percent). The civilian labor force decreased for the third consecutive month due to a drop in resident employment. The unemployment count has been increasing for a full year, and has reached its highest point since October 1986 at 88,900. This has been the longest run of increases in resident unemployment on record (current data set back to 1970). The Pittsburgh MSA’s unemployment rate was 2.6 percentage points above the April 2008 rate.

Among Pennsylvania’s 14 Metropolitan Statistical Areas, the Pittsburgh MSA held the sixth lowest unemployment rate. Rates in the Pittsburgh MSA ranged from 6.5 percent in Allegheny County to 9.8 percent in Armstrong County. Allegheny and Beaver counties experienced unemployment rate declines, the first drops in the MSA since September 2008.

In April, the Pittsburgh MSA’s seasonally adjusted jobs count declined 3,200 to 1,123,500. This was the eighth consecutive monthly loss. Over the year, jobs were down 2.4 percent in the Pittsburgh MSA, a smaller percentage drop than Pennsylvania, down 2.8 percent from April 2008.

Industry Detail (Not Seasonally Adjusted)

Goods-producing jobs in the Pittsburgh MSA increased 2,500 in April due mostly to a seasonal construction gain. Manufacturers inched down to a record low of 90,900 jobs with both durable and nondurable goods manufacturers at their lowest levels on record (current data set back to 1990). Over the year, goods producers shed 11,600 jobs with losses in construction and manufacturing.

Service-providing jobs increased 5,200, the smallest April gain since 2002. The majority of increases were within leisure & hospitality and professional & business services, both of which showed less April gain than usual. Information dipped 300 to a record low of 19,900 jobs.

Service-providing companies dropped 16,000 jobs from April 2008. This was the largest over-the-year decline on record (current data set back to 1990). Aside from education & health services, all supersectors posted declines from last April.

See the full report from the PA State Department of Labor and Industry here.

Truly a 'Burgh Thing!

Truly a 'Burgh Thing!
by Randy Bish, Pittsburgh Tribune Review

Job News and Information for Job Seekers and Recruiters

Job News and Information for Job Seekers and Recruiters