Tuesday, June 26, 2012

Pittsburgh region's jobless rate holds steady

The unemployment rate in the seven-county Pittsburgh region held steady in May at 6.8 percent, the same rate recorded in March and April, the state Department of Labor and Industry reported today.

The labor climate locally continued to outperform the state and the nation as a whole, with the May jobless rate at 7.4 percent in Pennsylvania and 8.2 percent nationwide.
In May a year ago, the jobless rate in the Pittsburgh region was 7.3 percent.

After smoothing out seasonal spikes in hiring, the labor department reported nonfarm jobs in the region fell by 2,500 last month, the second straight monthly decline.

Unadjusted figures showed employers in the region added 7,800 jobs in May as the goods-producing sector gained 1,500 positions and the service sector added 6,300.
Among goods-producing industries, construction added 1,800 jobs, the smallest May increase since 2006. Compared to May 2011, construction jobs were off by 4,100.

Manufacturing jobs fell by 400 in May following three months of gains.

In the service sector, which showed the weakest bump up in May since 2005, professional and business services posted a strong gain of 1,600 jobs while education and health services lost 5,000.

Leisure and hospitality added 6,100 jobs and local government gained 1,200. But federal and state government trimmed 1,100 jobs.

Among the seven counties in the region, Butler had the lowest jobless rate in May at 6.1 percent and Fayette had the highest at 8.6 percent.

Across Pennsylvania, unemployment rates ranged from 5.5 percent in Centre County to 10.5 percent in Cameron County.

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