Local jobless rate falls
The unemployment rate in Warren County has decreased from 7.3 percent in February to 6.6 percent in March, again the lowest unemployment rate in the region.
Warren County’s seasonally adjusted unemployment rate also decreased from 6.6 in February to 6.3 in March, according to the Pennsylvania Department of Labor and Industry’s Center for Workforce Information and Analysis.
The labor force remained steady at 21,000 in February and March, and the number of people unemployed dropped from 1,500 in February to 1,400 in March. The number of employed people stayed at 19,500 from February and March.
According to the Center, there were increases in the number of jobs from February to March. Total nonfarm jobs increased from 15,300 in February to 15,600 in March while total private jobs increased from 13,100 to 13,400 during the same time period. Increases were also found in the service-providing jobs from 12,500 to 12,600 from February to March. Professional and business services were steady at 1,600 as did education and health services at 3,100 in February and March.
The current seasonally adjusted unemployment rate is slightly higher than it was in February 2012 at 6.3 percent.
Warren County continues to have the lowest unemployment rate in the region compared to 10.2 percent in Forest County, 8.3 percent in Oil City, 7.9 percent in Bradford, 7.8 percent in Erie and 7.7 percent in Meadville.
Pennsylvania’s unemployment rate stands at 7.7 percent and the national unemployment rate is 7.6 percent.