Pennsylvania’s Unemployment Rate Drops to 4.5 Percent in May

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​Commonwealth Sets Jobs Record for Fourteenth Consecutive Month 

Harrisburg, PA – Today, the Pennsylvania Department of Labor & Industry (L&I) released its employment situation report for May 2018.
Pennsylvania’s unemployment rate declined two-tenths of a percentage point from April to 4.5 percent, the lowest rate since September 2007. This was the second monthly decrease in the rate after 10 consecutive months at 4.8 percent. The commonwealth’s rate remained above the U.S. rate, which fell one-tenth of a percentage point to 3.8 percent. Over the year, the Pennsylvania unemployment rate declined by four-tenths of a percentage point.
The estimated number of Pennsylvania residents working or looking for work, known as the civilian labor force, was down 14,000 in May to 6,364,000. The labor force decline was due to a drop in unemployment, while resident employment was up slightly over the month. Employment and unemployment both declined since last May, by 8,000 and 21,000, respectively.
The estimated number of jobs in Pennsylvania, referred to as total nonfarm jobs, was up 2,300 from April to a record high of 6,014,400. Highlights from this month’s jobs report include:
·      Fourteenth consecutive month jobs established a record high level
·      Jobs were up in seven of the 11 industry supersectors
·      Professional & business services set a record high for the ninth time in the past 10 months
·      Construction experienced the largest supersector gain, up 1,900 in May
·      Education & health services had the largest decline, down 1,900 from April’s record high
 
Since May 2017, total nonfarm jobs in Pennsylvania were up 1.3 percent. During this timeframe, nine supersectors in the commonwealth added jobs with increases ranging from 31,700 in education & health services to 2,000 in other services.
Additional information is available on the L&I website at www.dli.pa.gov or by following us on Facebook, Twitter, and YouTube.
Note: The above data are seasonally adjusted. Seasonally adjusted data provide the most valid month-to-month comparison.
 
MEDIA CONTACT: Penny Ickes, 717-787-7530 or [email protected]
Editor’s Note: A breakdown of Pennsylvania’s employment statistics follows.
Current Labor Force Statistics
Seasonally Adjusted
(in thousands)
        Change from Change from
  May April May April 2018 May 2017
  2018 2018 2017 volume percent volume percent
PA              
Civilian Labor Force 6,364 6,378 6,429 -14 -0.2% -65 -1.0%
Employment 6,081 6,080 6,116 1 0.0% -35 -0.6%
Unemployment 283 298 313 -15 -5.0% -30 -9.6%
Rate 4.5 4.7 4.9 -0.2 —- -0.4 —-
               
U.S.              
Civilian Labor Force 161,539 161,527 159,729 12 0.0% 1,810 1.1%
Employment 155,474 155,181 152,892 293 0.2% 2,582 1.7%
Unemployment 6,065 6,346 6,837 -281 -4.4% -772 -11.3%
Rate 3.8 3.9 4.3 -0.1 —- -0.5 —-
Note: June 2018 labor force and nonfarm jobs statistics will be released July 20, 2018.
 

 

Pennsylvania Nonagricultural Wage and Salary Employment
Seasonally Adjusted
(in thousands)
Change from Change from
May April May April 2018 May 2017
2018 2018 2017 volume percent volume percent
Total Nonfarm Jobs 6,014.4 6,012.1 5,936.2 2.3 0.0% 78.2 1.3%
 
Goods Producing Industries 851.7 849.1 836.4 2.6 0.3% 15.3 1.8%
  Mining & Logging 28.7 28.3 26.3 0.4 1.4% 2.4 9.1%
  Construction 258.1 256.2 248.8 1.9 0.7% 9.3 3.7%
  Manufacturing 564.9 564.6 561.3 0.3 0.1% 3.6 0.6%
Service Providing Industries 5,162.7 5,163.0 5,099.8 -0.3 0.0% 62.9 1.2%
  Trade, Transportation & Utilities 1,131.0 1,129.2 1,124.4 1.8 0.2% 6.6 0.6%
  Information 80.7 81.1 83.7 -0.4 -0.5% -3.0 -3.6%
  Financial Activities 324.7 323.6 320.8 1.1 0.3% 3.9 1.2%
  Professional & Business Services 816.4 815.2 800.1 1.2 0.1% 16.3 2.0%
  Education & Health Services 1,273.7 1,275.6 1,242.0 -1.9 -0.1% 31.7 2.6%
  Leisure & Hospitality 574.4 573.3 563.3 1.1 0.2% 11.1 2.0%
  Other Services 263.5 265.2 261.5 -1.7 -0.6% 2.0 0.8%
  Government 698.3 699.8 704.0 -1.5 -0.2% -5.7 -0.8%
For a more detailed breakdown of seasonally adjusted jobs data at the sector level, please contact the
Center for Workforce Information & Analysis at 1-877-4WF-DATA, or visit www.workstats.dli.pa.gov
Note: June 2018 labor force and nonfarm jobs statistics will be released July 20, 2018.

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