Le Lézard
Classified in: Business
Subjects: SVY, ECO, LBR, STP

PA Unemployment Rate Declines to 5.0% in February


HARRISBURG, Pa., March 24, 2017 /PRNewswire-USNewswire/ -- Today, the Pennsylvania Department of Labor & Industry released its employment situation report for February 2017.

Pennsylvania's unemployment rate was down two-tenths of a percentage point from January to 5.0 percent. The commonwealth's rate remained above that of the United States, which decreased one-tenth of a percentage point in February to 4.7 percent. Over the year, the Pennsylvania unemployment rate declined by four-tenths of a percentage point.

Pennsylvania's civilian labor force was down 6,000 over the month to 6,434,000. Resident employment increased by 7,000 while the unemployment count declined by 12,000. February was the sixth consecutive month that posted both an increase in employment and a decrease in unemployment.

Pennsylvania's nonfarm jobs count rose 12,500 to a record high of 5,941,600 in February. Seven of the eleven supersectors added jobs from January, led by education & health services (+9,600). The largest drop was in professional & business services (-6,100), which fell from a record high in January.

Over the year, total nonfarm jobs in Pennsylvania were up 1.3 percent (+74,000) while nationally jobs were up 1.7 percent. Seven supersectors added jobs from last February. The largest increase over the past 12 months was in education & health services (+41,500), while the largest decline was in manufacturing (-4,500).

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)

 

February

2017

January

2017

February

2016

Change from

January 2017

Change from

February 2016


volume

percent

volume

percent

PA






Civilian Labor Force

6,434

6,440

6,438

-6

-0.1%

-4

-0.1%

Employment

6,114

6,107

6,092

7

0.1%

22

0.4%

Unemployment

321

333

346

-12

-3.6%

-25

-7.2%

Rate

5.0

5.2

5.4

-0.2

----

-0.4

----






U.S.






Civilian Labor Force

160,056

159,716

158,888

340

0.2%

1,168

0.7%

Employment

152,528

152,081

151,043

447

0.3%

1,485

1.0%

Unemployment

7,528

7,635

7,845

-107

-1.4%

-317

-4.0%

Rate

4.7

4.8

4.9

-0.1

----

-0.2

----

 

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

 

February

2017

January

2017

February

2016

Change from

January 2017

Change from

February 2016


volume

percent

volume

percent






Total Nonfarm Jobs

5,941.6

5,929.1

5,867.6

12.5

0.2%

74.0

1.3%






Goods Producing Industries

829.2

824.9

827.5

4.3

0.5%

1.7

0.2%

  Mining & Logging

23.5

23.2

26.6

0.3

1.3%

-3.1

-11.7%

  Construction

248.6

247.1

239.3

1.5

0.6%

9.3

3.9%

  Manufacturing

557.1

554.6

561.6

2.5

0.5%

-4.5

-0.8%






Service Providing Industries

5,112.4

5,104.2

5,040.1

8.2

0.2%

72.3

1.4%

  Trade, Transportation & Utilities

1,133.9

1,132.2

1,126.8

1.7

0.2%

7.1

0.6%

  Information

83.6

84.0

84.7

-0.4

-0.5%

-1.1

-1.3%

  Financial Activities

317.6

317.5

316.6

0.1

0.0%

1.0

0.3%

  Professional & Business Services

797.1

803.2

789.6

-6.1

-0.8%

7.5

0.9%

  Education & Health Services

1,249.5

1,239.9

1,208.0

9.6

0.8%

41.5

3.4%

  Leisure & Hospitality

571.1

565.7

555.8

5.4

1.0%

15.3

2.8%

  Other Services

260.8

261.3

256.5

-0.5

-0.2%

4.3

1.7%

  Government

698.8

700.4

702.1

-1.6

-0.2%

-3.3

-0.5%

 

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: March 2017 labor force and nonfarm jobs statistics will be released April 21, 2017.

 

SOURCE Pennsylvania Department of Labor & Industry


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