Pennsylvania’s Unemployment Rate Remains at 3.4% in August, Total Non-Farm Jobs Hits Record High

from Pennsylvania Department of Labor & Industry

On Friday, Sept. 20, the Pennsylvania Department of Labor & Industry (L&I) released its preliminary employment situation report for August 2024.

For the 11th consecutive month, Pennsylvania’s unemployment rate in August remained unchanged over the month at 3.4%. The rate remained well under the U.S. unemployment rate, which fell by one-tenth of a percentage point from its July rate to 4.2%.

The Commonwealth’s unemployment rate was one-tenth of a percentage point above its August 2023 level of 3.3%, while the national rate was up four-tenths of a percentage point over the year.

Pennsylvania’s civilian labor force – the estimated number of residents working or looking for work – was down 22,000 over the month to 6,581,000 in August. Resident employment (-20,000) accounted for the majority of the labor force decline.

Pennsylvania’s total nonfarm jobs were up 8,000 over the month to a record high of 6,200,000, setting the 13th consecutive record high for Pennsylvania’s jobs count. Jobs increased from July in seven of the 11 industry supersectors. The largest supersector movement was a gain of 4,500 jobs in education & health services which reached a record high for the 15th consecutive month.

Over the year, total nonfarm jobs were up 102,600, with gains in nine of the 11 supersectors. Education & health services (+59,600) had the largest volume over-the-year gain.

Additional information is available on the L&I website at www.dli.pa.gov or by following us on Facebook, Twitter, and LinkedIn.

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Source: bctv