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March 21, 2008

February's Employment Situation in Pennsylvania

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(see a larger figure)
Private sector payrolls declined by 8,400 jobs from January to February. While a decline is not unexpected given the losses in employment being experienced nationally the loss of 8,400 jobs is larger than we expected here at Keystone. Most of the losses were concentrated in just two sectors. Construction shed 3,800 jobs and Trade Transportation and Utilities shed 4,300 jobs. Some caution is warranted, these figures are preliminary and may be revised.

Here is the news release from the Department of Labor.

--Mark Price

Posted by Price at March 21, 2008 02:30 PM

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