PA Unemployment Rate Drops to 6.4% in January

HARRISBURG, Pa., March 7, 2014 /PRNewswire-USNewswire/ -- Today, the Department of Labor & Industry released its employment situation report for January 2014.

Pennsylvania's seasonally adjusted unemployment rate declined by four-tenths of a percentage point in January to 6.4 percent. Pennsylvania's rate was two-tenths of a percentage point below the U.S. rate (6.6%). January's rate was the lowest unemployment rate for the commonwealth since November 2008, when the rate was 6.2 percent. The state rate was down 1.4 percentage points from its January 2013 rate of 7.8 percent.

Pennsylvania's civilian labor force – the number of people working or looking for work –was down 8,000 in January to 6,416,000. Resident employment was up 15,000 to 6,005,000, and the number of unemployed residents fell 23,000 to 411,000. Pennsylvania's labor force was down by 74,000 over the year with employment up by 18,000 while unemployment declined by 92,000.

Total nonfarm jobs rose by 500 in January to 5,758,600. Private sector jobs were up by 1,700, while government jobs declined by 1,200. The largest movements among the supersectors were a decline of 11,800 trade transportation & utilities jobs, and a gain of 7,500 construction jobs. Leisure & hospitality (+4,300) and education & health services (+4,000) both reached record high levels in January.

Over the year, total nonfarm jobs in Pennsylvania were up 28,400 (+0.5%). The growth was primarily within private service-providing industries. The largest gains were in leisure & hospitality (+16,900), and professional & business services (+12,200).

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

Media Contact:  Sara Goulet, 717-787-7530

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

Current Labor Force Statistics
Seasonally Adjusted
(in thousands)


January

  December

   January

Change from December 2013   

 Change from January 2013


2014

2013

2013

volume

percent

    volume

  percent

PA   








Civilian Labor Force   

6,416

6,424

6,490

-8

-0.1%

-74

-1.1%

Employment           

6,005

5,990

5,987

15

0.3%

18

0.3%

Unemployment          

411

434

503

-23

-5.3%

-92

-18.3%

Rate                 

6.4

6.8

7.8

-0.4

----

-1.4

----









U.S.             








Civilian Labor Force   

155,460

154,937

155,699

523

0.3%

-239

-0.2%

Employment   

145,224

144,586

143,384

638

0.4%

1,840

1.3%

Unemployment 

10,236

10,351

12,315

-115

-1.1%

-2,079

-16.9%

Rate 

6.6

6.7

7.9

-0.1

----

-1.3

----

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


January 

December  

January  

Change from 
December 2013 

Change from January 2013


2014

2013

2013

volume

percent

volume

percent









Total Nonfarm Jobs          

5,758.6

5,758.1

5,730.2

0.5

0.0%

28.4

0.5%









Goods Producing Industries      

827.3

820.3

826.1

7.0

0.9%

1.2

0.1%

  Mining & Logging              

37.0

36.5

35.6

0.5

1.4%

1.4

3.9%

  Construction          

229.9

222.4

225.3

7.5

3.4%

4.6

2.0%

  Manufacturing             

560.4

561.4

565.2

-1.0

-0.2%

-4.8

-0.8%









Service Providing Industries  

4,931.3

4,937.8

4,904.1

-6.5

-0.1%

27.2

0.6%

  Trade, Transportation & Utilities  

1,098.3

1,110.1

1,099.6

-11.8

-1.1%

-1.3

-0.1%

  Information                

87.6

87.7

89.4

-0.1

-0.1%

-1.8

-2.0%

  Financial Activities       

314.7

312.3

310.8

2.4

0.8%

3.9

1.3%

  Professional & Business Services    

752.7

755.2

740.5

-2.5

-0.3%

12.2

1.6%

  Education & Health Services  

1,163.4

1,159.4

1,156.7

4.0

0.3%

6.7

0.6%

  Leisure & Hospitality          

546.5

542.2

529.6

4.3

0.8%

16.9

3.2%

  Other Services               

251.8

253.4

252.5

-1.6

-0.6%

-0.7

-0.3%

  Government              

716.3

717.5

725.0

-1.2

-0.2%

-8.7

-1.2%

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.paworkstats.pa.gov                                                                                                                         

Note: February 2014 labor force and nonfarm jobs statistics will be released March 21, 2014.             

SOURCE Pennsylvania Department of Labor & Industry



RELATED LINKS
http://www.state.pa.us

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