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PA Jobless Rate Drops To Near Two Decade Low

/ WDAC

HARRISBURG (AP) – PA‘s unemployment rate hit a nearly two-decade low in August, even as payrolls slipped below July’s record high. The state Department of Labor and Industry said the unemployment rate dropped one-tenth of a percentage point to 4.1% in August, the lowest point since 2000. The national rate is 3.9%. PA‘s civilian labor force grew by 9,000, as employment rose and unemployment shrank. Seasonally adjusted non-farm payrolls shrank by about 4,900 in August, remaining just above 6 million. It had reached a record high in July. The biggest gainers were education and health services and the trade, transportation, and utilities sectors, while nearly every other sector shrank. Today’s figures are preliminary and could change.

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