Published: Sat, November 18, 2017
Finance | By Kristine Clayton

Pennsylvania's unemployment rate reaches lowest point in 10 years

Pennsylvania's unemployment rate reaches lowest point in 10 years

The U.S. Bureau of Labor Statistics also released preliminary estimates on Thursday showing the state gained 4,800 jobs in October.

The department said in a report released Friday that the figure was one-tenth of a percentage point lower than the September rate of 2.8 percent.

Data released Friday morning, November 17, by the Ohio Department of Job and Family Services showed the state's nonagricultural wage and salary workforce rose to 5,550,900 in October from a revised 5,546,600 the prior month. There were 19,600 more unemployed residents over the year compared to October 2016.

In the Lawrence metropolitan area, unemployment fell to 2.5 percent, down from 2.9 percent in September and 3.3 percent a year ago.

The state unemployment rate decreased from 5.3 percent in September and was slightly higher than the 5 percent rate of October 2016.

The number of employed climbed more than 18 hundred in October, setting a record, according to the Department of Workforce. But the agency says nonfarm employment has fallen for three consecutive months by a total of 3,900 jobs, to 495,800 in October.

The private service-providing sector, at 3,863,100, lost 2,000 jobs.

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