Pennsylvania Unemployment Rate Drops for November 2009

Troy Thompson reports on the latest release from the state Department of Labor & Industry regarding the Pennsylvania Unemployment Rate:

Pennsylvania’s seasonally adjusted civilian labor force — the number of people working or looking for work — decreased by 12,000 in November to 6,328,000. Resident unemployment dropped 22,000 in November, while employment was up 10,000. The Pennsylvania labor force was down 105,000 over the year.

Pennsylvania jobs were down 167,200, or 2.9 percent, since November 2008. And of the 11 job sectors, eight lost jobs in November, with the largest losses in professional and business services, leisure and hospitality and government. Nationally, jobs were down 3.5 percent over the same period.

Pennsylvania’s seasonally adjusted unemployment rate fell to 8.5 percent in November, down four-tenths of a percentage point from the revised October rate of 8.9 percent – the first drop in the state unemployment rate since March 2007.

Pennsylvania remained below the United States’ unemployment rate, which fell two-tenths of a percentage point to 10 percent in November. Pennsylvania’s rate was up 2.4 percentage points from November 2008, while the U.S. rate was up 3.2 percentage points over the year.

Pennsylvania’s seasonally adjusted total nonfarm jobs count fell by 10,200 jobs in November. Of Pennsylvania’s 11 sectors, eight saw a reduction in jobs in November, with the largest declines in professional & business services, leisure & hospitality, and government. Education & health services reached a new record high job count of 1,133,300, while construction added 1,900 jobs – its biggest gain in 22 months.

Is the Pennsylvania unemployment rate drop only due to the fact some people’s unemployment benefits are running out and therefore can no longer claim? For more on unemployment benefits click here.

Sources: Article by Troy Thompson of PR Newswire (http://www.prnewswire.com/news-releases/pennsylvanias-employment-situation-november-79569217.html)

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