Unemployment Rate Unchanged
Preliminary unemployment data for November released last week showed the same pattern of unemployment figures as unemployment figures for the month remained unchanged from October’s figures. The unemployment rate for November was 8.4 percent, unchanged from October’s rate.
By comparison, the state jobless rate dropped two-tenths of a percentage point to 7.3 percent in November from the 7.5 rate in October. The unemployment rate in Pennsylvania was down by eighttenths of a percentage point from November 2012. The national unemployment rate for October was 7.3 percent but fell to 7.0 percent in November.
In spite of the local rate being unchanged, the county’s ranking in the state rose to number 50 (out of 67 counties) from number 53 in October. Fulton County shared the number 50 spot with Bedford, Clinton, Fayette and Forest counties
While unemployment remained at 700 in November, the labor force rose from 7,800 in October to 7,900 in November and employment rose from 7,200 to 7,300.
Pennsylvania’s civilian labor force – the number of people working or looking for work – was down 14,000 in November to 6,458,000. Resident employment was up 1,000 to 5,988,000, and the number of unemployed residents fell 15,000 to 470,000. Pennsylvania’s labor force was down by 73,000 since last November due to declines in both employment (-17,000) and unemployment (-56,000).
Total nonfarm jobs were up by 9,700 in November to 5,771,500. Gains were seen in both the private and public sectors. Private service-providing jobs reached a record high of 4,232,600. The largest gain in November was an increase of 8,200 jobs in trade, transportation and utilities, due to gains in retail trade (+6,100) and transportation, warehousing and utilities (+2,600). Professional and business services, up 1,600 in November to 748,600, set a record high for the third time in the past four months.
Over the year, total nonfarm jobs in Pennsylvania have risen by 33,300 (+0.6 percent). The growth was primarily within private service providing industries, with professional and business services (+15,400), education and health services (+11,800) and leisure and hospitality (+10,400) showing the strongest gains.
November rankings for Fulton’s neighboring counties include Franklin at number 12, with an unemployment rate of 6.3 percent. In October, it was ranked number 13, with an unemployment rate of 6.5 percent. It was tied for the number 12 slot with Allegheny and Elk counties.
Bedford’s ranking for November was number 50, with an 8.4 percent rate. In October it was ranked 54th, with a rate of 8.6 percent.
Huntingdon County posted a 9.7 percent unemployment rate for November, with a number 65 ranking. The October rate was 9.9 percent, with a number 64 ranking.
Montour County claimed the number 1 ranking, with an unemployment rate of 5.7 percent, while Adams, Centre, Chester and Lebanon counties tied for the number 2 ranking in November, with a 5.8 percent unemployment rate. The highest unemployment rate in the state (ranked 67th) was Cameron County, with a 10.9 percent unemployment rate.