County Jobless Rate Down .4%
Fulton County’s labor force statistics for October showed unemployment down by .4 of a percent, with the state jobless rate also decreasing, but only by one-tenth of a percent. With the decrease in unemployment, the county’s ranking in the state went from number 48 (out of 67 counties) in September to number 46 in October.
Fulton County posted an 8.6 percent unemployment rate for October, according to preliminary figures released by the Department of Labor and Industry this week. September’s unemployment rate was 9 percent. Fulton’s unemployment rate for October 2011 was 9 percent.
In October, the number in the labor force remained at 8,000, the number of unemployed stayed at 700 and the number of employed stayed at 7,300.
Pennsylvania’s seasonally adjusted unemployment rate was 8.1 percent in October, down just onetenth of a percentage point from the September rate of 8.2 percent.
Pennsylvania added 7,500 jobs in October, bringing the state’s jobs count to a total of 5,752,200, the highest level since November 2008.
In addition, the number of jobs added to the Pennsylvania economy in the private sector since January 2011 increased to 105,700.
October’s rankings for Fulton’s neighboring counties include Franklin at number 8, with an unemployment rate of 6.6 percent, down from number 9 with a 6.8 percent rate in September. Bedford’s ranking for October was number 53, with a 9.0 percent rate. It is down from September’s rate of 9.2 percent, then with a number 54 ranking. It was tied with Clearfield and Somerset counties for the number 53 ranking.
Huntingdon County posted a 9.3 unemployment rate for October, with a number 58 ranking. The September rate was 9.6 percent, with a number 60 ranking. It was tied with Schuylkill County for the number 58 ranking.
Montour County held the number 1 ranking, with a 5.8 percent unemployment rate, followed by Centre County with a 5.9 rate. Cameron and Pike counties held the highest unemployment rates and ranking, with rates of 10.9 and 11.3 percent, respectively.
The October job growth was concentrated in service-providing industries, which increased by 7,100 to a record high of 4,929,800. Service-providing industries include businesses such as retail stores, banks, hospitals and restaurants. The largest increase in October was a gain of 4,000 education and health services jobs, followed closely by a 3,700 increase in trade, transportation and utilities.
Pennsylvania’s unemployment rate was 8.1 percent in October, down one-tenth of a percentage point from the September rate of 8.2 percent.
The state’s labor force, which includes people with jobs and those actively looking for work, was up 31,000 in October, to a record-high level of 6,536,000. This was the second largest singlemonth increase on record, signaling renewed confidence in the Pennsylvania economy.