News Release: PA Unemployment Rate at 5.8% in August

Harrisburg – Today, the Pennsylvania Department of Labor & Industry released its employment situation report for August 2014.
Pennsylvania’s unemployment rate rose slightly to 5.8 percent in August, up one-tenth of a percentage point from July. The commonwealth’s rate was three-tenths of a percentage point below the U.S. rate of 6.1 percent, which declined by one-tenth of a point in August. The state rate was down 1.6 percentage points from the August 2013 rate of 7.4 percent.
Pennsylvania’s civilian labor force – the number of people working or looking for work – declined by 28,000 to 6,344,000 due to a decline in resident employment (-35,000). Unemployment, despite increasing by 6,000 from July, was down 113,000 from August 2013.
Total nonfarm jobs increased by 100 in August to 5,792,700. This was the fifth monthly increase this year, with jobs up 34,600 thus far in 2014. In August, private sector jobs were down by 1,800 while public sector jobs grew by 1,900. The largest gain from July was in education & health services (+3,900). Construction had the largest decline of the month. 
Over the year, total nonfarm jobs in Pennsylvania were up 47,000 (+0.8%). The growth was almost entirely within private industries, with the largest gains in education & health services, trade, transportation & utilities, and construction.  
Note: The above data are seasonally adjusted. Seasonally adjusted data provide the most valid month-to-month comparison.
 
Editor’s Note: A breakdown of Pennsylvania’s employment statistics follows
 
Current Labor Force Statistics
Seasonally Adjusted
(in thousands)
 
                                                                                               Change from              Change from
                                      August           July         August             July 2014                  August 2013
                                         2014           2014           2013       volume    percent       volume    percent
PA                                                                                                                         
Civilian Labor Force           6,344          6,372          6,449              -28       -0.4%            -105       -1.6%
Employment                      5,976          6,011          5,969              -35       -0.6%                7        0.1%
Unemployment                     367             361             480                6        1.7%            -113     -23.5%
Rate                                     5.8              5.7              7.4              0.1           —-             -1.6           —-
                                                                                                                                                     
U.S.                                                                                                                                               
Civilian Labor Force       155,959       156,023       155,435              -64        0.0%             524        0.3%
Employment                  146,368       146,352       144,179               16        0.0%          2,189        1.5%
Unemployment                  9,591          9,671        11,256              -80       -0.8%         -1,665     -14.8%
Rate                                     6.1              6.2              7.2             -0.1           —-             -1.1           —-
 
 
 
Pennsylvania Nonagricultural Wage and Salary Employment
Seasonally Adjusted
(in thousands)
                                                                                                           Change from       Change from
                                                         August        July     August            July 2014          August 2013
                                                           2014        2014       2013        volume   percent   volume   percent
                                                                                                                                                   
Total Nonfarm Jobs                           5,792.7   5,792.6    5,745.7           0.1      0.0%       47.0      0.8%
                                                                                                                                                        
Goods Producing Industries                832.0      836.9       824.7          -4.9     -0.6%         7.3      0.9%
  Mining & Logging                                 37.9       38.1         36.0          -0.2     -0.5%         1.9      5.3%
  Construction                                       237.4      240.4       226.6          -3.0     -1.2%       10.8      4.8%
  Manufacturing                                     556.7      558.4       562.1          -1.7     -0.3%        -5.4     -1.0%
                                                                                                                                                         
Service Providing Industries             4,960.7   4,955.7    4,921.0           5.0      0.1%       39.7      0.8%
  Trade, Transportation & Utilities         1,118.5   1,117.6    1,104.7           0.9      0.1%       13.8      1.2%
  Information                                           84.4       84.4         87.5           0.0      0.0%        -3.1     -3.5%
  Financial Activities                              316.8      316.7       312.6           0.1      0.0%         4.2      1.3%
  Professional & Business Services        757.3      759.7       753.9          -2.4     -0.3%         3.4      0.5%
  Education & Health Services             1,168.1   1,164.2    1,152.8           3.9      0.3%       15.3      1.3%
  Leisure & Hospitality                           540.3      540.5       533.7          -0.2      0.0%         6.6      1.2%
  Other Services                                    255.5      254.7       252.3           0.8      0.3%         3.2      1.3%
  Government                                        719.8      717.9       723.5           1.9      0.3%        -3.7     -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.paworkstats.pa.gov
 
Note: September 2014 labor force and nonfarm jobs statistics will be released October 17, 2014.
Posted by on Sep 22 2014. Filed under Local News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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