\ PA Unemployment Rate Declines to 4.8% in March
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PA Unemployment Rate Declines to 4.8% in March

 

April 21, 2017 --

HARRISBURG, Pa., April 21, 2017 /PRNewswire-USNewswire/ -- Today the Pennsylvania Department of Labor & Industry released its employment situation report for March 2017.

Pennsylvania's unemployment rate was down two-tenths of a percentage point to 4.8 percent in March. This was the fourth consecutive decline, resulting in the lowest rate since February 2008. The commonwealth's rate remained above that of the United States (4.5%), which also decreased two-tenths of a percentage point from February. Over the year, the Pennsylvania unemployment rate declined by six-tenths of a percentage point.

Pennsylvania's civilian labor force was up 7,000 over the month to 6,442,000. Resident employment increased by 17,000 while the unemployment count declined by 9,000. March was the seventh consecutive month that posted both an increase in employment and a decrease in unemployment.


Pennsylvania's nonfarm jobs count was down 16,100 to 5,934,200 in March. Six of the eleven supersectors declined from February, with the largest drop in leisure & hospitality (-8,200). The largest volume gain was in professional & business services (+3,600).

Total nonfarm jobs in Pennsylvania were up 1.0 percent (+60,600) from last March while nationally jobs were up 1.5 percent. Eight supersectors added jobs over the year. The largest increase in the past 12 months was in education & health services (+40,800), while the largest decline was in manufacturing (-6,800).

Note: The above data are seasonally adjusted. Seasonally adjusted data provide the most valid month-to-month comparison.

MEDIA CONTACT: Theresa Elliot, 717-787-7530

Editor's Note: A breakdown of Pennsylvania's employment statistics follows.

Current Labor Force Statistics
Seasonally Adjusted
(in thousands)





Change from
February 2017

Change from
March 2016


March

February

March


2017

2017

2016

volume

percent

volume

percent

PA








Civilian Labor Force

6,442

6,435

6,440

7

0.1%

2

0.0%

Employment

6,132

6,115

6,091

17

0.3%

41

0.7%

Unemployment

311

320

349

-9

-2.8%

-38

-10.9%

Rate

4.8

5.0

5.4

-0.2

----

-0.6

----









U.S.








Civilian Labor Force

160,201

160,056

159,278

145

0.1%

923

0.6%

Employment

153,000

152,528

151,301

472

0.3%

1,699

1.1%

Unemployment

7,202

7,528

7,977

-326

-4.3%

-775

-9.7%

Rate

4.5

4.7

5.0

-0.2

----

-0.5

----

 Pennsylvania Nonagricultural Wage and Salary Employment
Seasonally Adjusted
(in thousands)





Change from
February 2017

Change from
March 2016


March

February

March


2017

2017

2016

volume

percent

volume

percent









Total Nonfarm Jobs

5,934.2

5,950.3

5,873.6

-16.1

-0.3%

60.6

1.0%









Goods Producing Industries

824.5

828.3

827.2

-3.8

-0.5%

-2.7

-0.3%

 Mining & Logging

23.5

23.5

26.1

0.0

0.0%

-2.6

-10.0%

 Construction

246.6

248.3

239.9

-1.7

-0.7%

6.7

2.8%

 Manufacturing

554.4

556.5

561.2

-2.1

-0.4%

-6.8

-1.2%









Service Providing Industries

5,109.7

5,122.0

5,046.4

-12.3

-0.2%

63.3

1.3%

 Trade, Transportation & Utilities

1,128.9

1,134.9

1,127.3

-6.0

-0.5%

1.6

0.1%

 Information

83.5

83.1

84.4

0.4

0.5%

-0.9

-1.1%

  Financial Activities

318.5

317.7

316.4

0.8

0.3%

2.1

0.7%

  Professional & Business Services

802.1

798.5

791.4

3.6

0.5%

10.7

1.4%

  Education & Health Services

1,251.0

1,252.5

1,210.2

-1.5

-0.1%

40.8

3.4%

  Leisure & Hospitality

564.1

572.3

557.2

-8.2

-1.4%

6.9

1.2%

  Other Services

258.7

261.2

256.7

-2.5

-1.0%

2.0

0.8%

  Government

702.9

701.8

702.8

1.1

0.2%

0.1

0.0%

 For a more detailed breakdown of seasonally adjusted jobs data at the sector level, please contact the Center for Workforce Information & Analysis at 1-877-4WF-DATA, or visit www.workstats.dli.pa.gov

Note: April 2017 labor force and nonfarm jobs statistics will be released May 19, 2017.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/pa-unemployment-rate-declines-to-48-in-march-300443404.html

SOURCE Pennsylvania Department of Labor & Industry

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