Keystone Research Center Economist Stephen Herzenberg issued the following statement on the September Pennsylvania jobs report:
“The number of jobs in Pennsylvania fell by 15,800 in September, over half of which was a 8,300 drop in government jobs. In another troubling indicator, the number of manufacturing jobs in the state fell for the first time in 10 months, a further sign that declines in public-sector employment are dragging down the private economy.
"Since May, the Pennsylvania unemployment rate has increased by more than a percentage point, from 7.4 percent to8.58.3 percent, while the U.S. unemployment rate has held steady at 9.1 percent. As a result, the Pennsylvania Advantage — defined as the amount by which the U.S. unemployment rate exceeds the Pennsylvania unemployment rate —is smaller than it has been in three years.fluctuates a lot on a month-to-month basis, this gap has been smaller than the current 0.8% in only one month since 2009.
"The September report demonstrates yet again that Pennsylvania and the nation need a jobs plan. Policymakers have been sitting on their hands for the past two years and Pennsylvania families are paying the price."
Cranky introvert who sometimes thinks about politics, somewhere in the greater Philadelphia area
Thursday, October 20, 2011
KRC Note on Sept PA Jobs Report
from our friends at the Keystone Research Center:
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