PA Unemployment Rate Dips to 6.0% in March

HARRISBURG, Pa., April 18, 2014 /PRNewswire-USNewswire/ -- Today, the Pennsylvania Department of Labor & Industry released its employment situation report for March 2014.

Pennsylvania's seasonally adjusted unemployment rate declined by two-tenths of a percentage point in March to 6.0 percent, the lowest rate since October 2008. The commonwealth's rate was seven-tenths of a percentage point below the U.S. rate, which was unchanged from February at 6.7 percent. The state rate was down 1.7 percentage points from its March 2013 rate of 7.7 percent.

Pennsylvania's civilian labor force – the number of people working or looking for work –increased by 12,000 in March to 6,442,000.  Resident employment was up 19,000, the third consecutive gain exceeding 10,000. The number of unemployed residents, which trended downward for the eighth consecutive month, was down by 8,000 in March to 390,000.

Total nonfarm jobs were down by 8,400 in March to 5,758,900. The decline was concentrated in the private sector, as government jobs remained at their February level. The largest drop was in professional & business services (-5,000), which fell below the record high level set in February. Leisure & hospitality, financial activities (-2,200), and education & health services (-2,000) also each had declines of 2,000 or more jobs. Trade, transportation & utilities (+1,700) and other services (+1,200) showed significant growth in March. Manufacturing, up 1,300, added jobs following four consecutive monthly declines.

Over the year, total nonfarm jobs in Pennsylvania were up 17,200 (+0.3%). The growth was primarily within private service-providing industries. The largest gains were in leisure & hospitality (+14,300) and professional & business services (+5,700).

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.

                                                                                                              

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: April 2014 labor force and nonfarm jobs statistics will be released May 16, 2014.

SOURCE Pennsylvania Department of Labor & Industry