Posts by mark price

New Data on Natural Gas-related Employment in PA

This morning the Bureau of Labor Statistics released new data from the Quarterly Census of Employment and Wages for the third quarter of 2012. This means we can expect shortly a new version of Marcellus Fast Facts for Pennsylvania from the Pennsylvania Department of Labor and Industry. While we wait for that new release, here is a quick preview of what the new data say.

PA's Unemployment Rate Drops as More Job Seekers Drop Out

Today, the Corbett administration released jobs data for February, and to answer your next question, yes, they did just release January jobs data on March 8. The release schedule gets a little delayed and then compressed at the beginning of each New Year as the Bureau of Labor Statistics revises data through a process called benchmarking.

So on to the numbers: Pennsylvania unemployment fell one-tenth of one percentage point to 8.1% in February. As I explained this morning, with employment growth weak and labor force growth strong, the state's unemployment rate has been rising since last March. Well half of that equation changed this month as employment as measured in the household survey fell by 6,000, and the labor force also fell by 13,000. As a result, the number of unemployed fell, and the unemployment rate fell very slightly. 

Podcast: As More People Look for Work in PA, There Are Not Enough Jobs to Be Had

I was recently asked whether growth in the Pennsylvania labor market in recent months was a positive sign for the state's economy. It is a welcome sign, but as I explain in this two-minute podcast, there are fewer and fewer new job openings available for these new job seekers. And that has driven up the state's unemployment rate.

A Mixed Bag for Pennsylvania's January Jobs Report

A few minutes before 5 p.m. on Friday, the Corbett administration released new data on the state's employment situation in January. The picture that emerged from the data was mixed.

On the one hand, the unemployment rate climbed by three-tenths of a percentage point to 8.2%, while the number of unemployed climbed by 18,000. On the other hand, nonfarm payrolls had a better month than typical with payrolls over the month climbing by 5,200 jobs. 

Wealth Inequality Will Keep Growing Unless Workers Demand Better

I have an op-ed on The Guardian's web site today examining the problem that we all face in today's economy: income inequality. Give it a read.

With the President Promising to Reduce Inequality, the Devil Will Be in the Details

We were hoping to hear President Obama in his State of the Union address underline his commitment to taking on our greatest short- and long-term challenges: persistent high unemployment and rapidly growing inequality.

The U.S. Postal Service in Pennsylvania Has Shed 7,500 Jobs Since 2007. Thanks, Congress?

On Wednesday, the U.S. Postal Service announced that it will discontinue Saturday mail delivery. Since 2007, Postal Service employment in Pennsylvania has fallen by more than 7,500 jobs, a decline of 21%.

It is unclear what further impact on employment in Pennsylvania the end of Saturday service will have.

January Jobs Report: Good But Not Good Enough

This morning the U.S. Bureau of Labor Statistics (BLS) reported that the unemployment rate edged up slightly to 7.9% in January as nonfarm payrolls increased by 157,000 jobs. January's jobs figure was somewhat below the average gain in the previous three months (201,000).

On the whole, the recovery remains on track, but the pace of job growth remains perilously slow.

PA Job Numbers: 2012 Ends With A Whimper

The Bureau of Labor Statistics today reported that the unemployment rate in Pennsylvania rose slightly in December to 7.9% (up slightly from 7.8% in November). Nonfarm payrolls in Pennsylvania declined in December by 4,800 jobs.

Public School Employment Hits Decade Low in Pennsylvania

Employment in Pennsylvania's public schools was at a decade low in the 2011-12 school year, according to new data from the Bureau of Labor Statistics.