Local Job Market Still A Bust
Fulton County’s jobless rate continues to fluctuate only slightly as August’s rate was down only one-tenth of a percentage point from July’s, showing a decrease in the labor force but no change in those unemployed and employed. In spite of the small decrease in unemployment in the county for August, the county remains in the next-to-highest unemployment rate in the state.
Fulton County posted a 12.5 percent unemployment rate for August, down from 12.6 percent in July, according to preliminary figures released by the Department of Labor and Industry this week. The very slight change in unemployment did not affect the county’s ranking, which remains unchanged at number 66 (out of 67 counties) and unchanged in ranking since June 2009.
The county’s rate remains lower than only Cameron County (#67) with a rate now of 14.4 percent.
The number of unemployed in Fulton County remained unchanged in August at 1,000 as did the number of employed, which remained at 6,700 for August. Fulton County’s unemployment rate for August 2009 was, however, 14.4 percent.
Pennsylvania’s seasonally adjusted unemployment rate was 9.2 percent in August, down onetenth of a percentage point from July. Pennsylvania’s rate remained below the national rate of 9.6 percent, and has been at or below the national rate for 89 of the past 92 months. The state rate was up 0.7 percent from August 2009, while the U.S. rate was 0.1 percent below its rate from a year earlier.
Pennsylvania’s seasonally adjusted civilian labor force – the number of people working or looking for work – fell for the fourth consecutive month, down 33,000 to 6,363,000 in August. Resident employment was down 25,000, while the unemployment count was down 8,000. Pennsylvania’s labor force was 34,000 below its August 2009 level.
Rankings for Fulton’s neighboring counties include Franklin at number 21 (also number 21 in July), with an unemployment rate of 8.6 percent, down from July’s rate of 8.7 percent.
Bedford’s ranking for August was number 63 with an 11.2 percent rate. It remains unchanged from July. Huntingdon County’s August rate was 11.1 percent, unchanged from July but up from the number 59 spot to number 62.
Pennsylvania’s seasonally adjusted total nonfarm jobs count fell 16,900 in August to 5,592,400. Service-providing industries accounted for most of the total August job losses with professional and business services losing 8,900 jobs and financial activities dropping 2,600 jobs. Other services and information showed gains of 2,700 and 1,500, respectively, for the month. Nationally, jobs were down 54,000 in August, with census layoffs accounting for much of the drop.
Pennsylvania’s job count is up 20,000 from August 2009. Nationally, nonfarm jobs were up 229,000 from last year.