The Pennsylvania Department of Labor and Industry’s July jobs report showed a stable unemployment rate and job growth across the state.
According to the report, Pennsylvania’s unemployment rate remained steady at 3.4 percent for the tenth consecutive month. It is well below the national average which increased to 4.3 percent in July, up from 4.1 percent in June.
The state’s jobless rate is slightly higher than its record low of 3.2 percent, which was recorded in July 2023.
The national unemployment rate has seen a more substantial rise of eight-tenths of a percentage point over the same period.
Despite a small decline in the civilian labor force by 1,000 people to 6,602,000, job numbers in Pennsylvania remained steady.
Total nonfarm jobs climbed by 12,200 in July to an all-time high of 6,191,000, marking the 12th consecutive month of record-setting figures, according to state officials.
Job gains were observed in six of the 11 industry supersectors, with government employment experiencing the largest increase, adding 7,700 positions. The education and health services sector also continued its upward trend, setting a record for the 14th consecutive month.
Over the year, Pennsylvania has added 105,000 jobs, with the largest increases seen in education and health services, which grew by 57,100 jobs.
Bucks County maintained a lower unemployment rate of 3.2 percent as of June, the latest month for which data is available from the U.S. Bureau of Labor Statistics.
According to the Pennsylvania Department of Labor and Industry, Bucks County’s largest employers are Giant Food Stores, the Central Buck School District, the County of Bucks, Walmart, Doylestown Hospital, St. Mary Medical Center, Northtec, Grand View Health, the Pennsbury School District, and Woods Services.
Leave a Comment