The Daily Item, Sunbury, PA

News

December 21, 2012

Pennsylvania reports largest drop in jobless rate since 1983

HARRISBURG — Pennsylvania is reporting the biggest monthly drop in joblessness in nearly 30 years, although a separate survey of employers in November showed only a slight increase in payrolls.

The state Department of Labor and Industry said today the unemployment rate dropped to 7.8 percent from 8.1 percent, the largest drop since 1983. It was the second monthly drop after a six-month run-up.

The national unemployment rate is 7.7 percent.

A survey of Pennsylvania employers found payrolls inched up by 1,900, hovering around 5.75 million nonfarm jobs.

A separate survey of Pennsylvania households found that the number of unemployed dropped by 16,000. Employment rose by 22,000 and the number of people working or seeking work grew by 6,000.

Pennsylvania's jobless rate hit a recessionary peak of 8.7 percent in 2010.

 

1
Text Only
News
The Daily Marquee
Video
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.