Regional Unemployment Rate Continues To Drop
The unemployment rate in the Scranton/Wilkes-Barre/Hazleton metropolitan statistical area continues to drop.
The seasonally adjusted unemployment rate fell two-tenths of a percentage point to 5.2 percent in October, according to numbers released Wednesday by the Pennsylvania Department of Labor & Industry.
The state and national rates both declined by one-tenth of a percentage point to 4.7 and 4.1 percent. Over the year, the Scranton/Wilkes-Barre/Hazleton area’s rate fell one full percentage point while the state rate declined by eight-tenths of a point and the U.S. rate decreased by seven-tenths of a point.
The area’s unemployment rate was the 14th lowest among Pennsylvania’s 18 metropolitan statistical areas in October.
Over the year, jobs in the area were up .8 percent, 2,200, while overall jobs in the state were up 1.1 percent.
The seasonally adjusted total number of nonfarm jobs at goods, constructions and manufacturing companies in the area declined 300 to 263,100 in October.
Both public and private educational services were up over the month as local schools, colleges and universities continued staffing for the new school year. Leisure and hospitality declined as recreational activities and tourism waned.
Trade, transportation and utilities as well as education and health services experienced strong growth since October 2016, up by 1,300 jobs and 1,100 jobs. Professional and business services had the largest decline over the year, down 500 jobs.
For the complete story, read The Citizens’ Voice on Thursday.