Unemployment in southwestern Pennsylvania ticked down in April, but the region’s labor force failed to grow much beyond where it was a year earlier, when it had shrunk during the height of pandemic-related business closures and restrictions. Unemployment in the seven-county Pittsburgh Metropolitan Statistical Area dipped from 7.6 percent in March 2021 to 7.4 percent …
Stephan Whitaker listened as speculation that COVID-19 might kindle a profound exodus from urban America intensified as the pandemic dragged on. After all, tens of millions of people were forced to work remotely, leaving them less tethered to the workplace than ever before and freer to move. Whitaker, a policy economist at the Federal Reserve …
Pandemic Population Shifts, Favoring Affordable Places Read More »
Seasonal jobs returned to the Pittsburgh region in April, but a snap back to a pre-pandemic economy remains elusive, according the most recent data from the U.S. Bureau of Labor Statistics. The seven-county Pittsburgh Metropolitan Statistical Area gained 15,200 jobs from March to April 2021 — a 1.4 percent gain, according to the BLS. “It’s …
The Terminal, stretching five blocks along Smallman Street, had just been given a stunning makeover when COVID-19 arrived, threatening the eateries and shops it courted as tenants. Months later, the 95-year-old former hub of Pittsburgh’s wholesale produce industry remains a hot real estate property that has attracted tenants throughout the pandemic, including District Brew Yards, …
Last month saw more encouraging signs that southwestern Pennsylvania is turning the corner in the battle to regain normalcy after a year of living under the COVID-19 pandemic. More than 2 of 3 people have been vaccinated against COVID in Allegheny County, one of the highest rates in Pennsylvania, according to state Health Department data. …
Vaccinations, Fewer Cases Brighten COVID Outlook Read More »
Between declining enrollment, rising costs and at least one more pandemic-disrupted semester, Pittsburgh’s colleges and universities are facing 2021 budget shortfalls that may impact this mainstay sector of the regional economy for generations to come. Though often hailed as a bright spot in western Pennsylvania’s relatively moribund economy, the higher education sector—locally and nationally—was already …
Confidence in the economy and their personal financial situation is rising among consumers in southwestern Pennsylvania as pandemic restrictions on businesses ease and the COVID vaccine reaches more people. But confidence in the local economy and their own employment outlook remain much lower than before the pandemic, despite the recent surge in optimism, according to …
Unemployment in the Pittsburgh region held steady in March, but the local workforce continued to contract as it has throughout the pandemic. The seven-county Pittsburgh Metropolitan Statistical Area’s seasonally adjusted unemployment rate remained at 7.5 percent from February to March 2021, according to data from the state Department of Labor’s Center for Workforce Information & …
In 1889, Andrew Carnegie, whose immense wealth was earned along the banks of Pittsburgh’s rivers, called upon his peers to direct their fortunes toward the public good. In “The Gospel of Wealth,” he pitched “an ideal state, in which the surplus wealth of the few will become, in the best sense, the property of the …
Employers in the Pittsburgh region added workers to their payrolls in March, but the modest job gains were a weak signal of recovery from the damage inflicted by the COVID-19 pandemic, according the most recent data from the U.S. Bureau of Labor Statistics. The seven-county Pittsburgh Metropolitan Statistical Area gained about 9,000 jobs from February …
The fear was real last spring as local taxes—the lifeblood of boroughs, townships and cities—were trickling in. The COVID-19 pandemic was closing or impairing businesses in southwestern Pennsylvania, the state and nation. The U.S. unemployment rate soared to nearly 15 percent. “We worried that our revenues would collapse,” said Scott Andrejchak, the municipal manager of …
With their traditional revenue models already suffering a long-term structural decline, local media operations have been further weakened by the government lockdowns and economic havoc accompanying COVID-19. Or as Tom Melia, Washington director of PEN America, the 99-year-old nonprofit that protects free expression, put it: “The pandemic has accelerated almost every contributing factor to the …
The Pittsburgh region continued to hemorrhage jobs in February, according recently released data from the U.S. Bureau of Labor Statistics. The seven-county Pittsburgh Metropolitan Statistical Area lost 82,400 jobs between February 2020 and February 2021, amounting to a 7.8 percent decrease over the year. Job losses in the region exceeded the 6.7 percent average decline …
Southwestern Pennsylvania staggered into 2020 in need of people, again. It was coming off of yet another year when deaths outnumbered births and the number of newcomers couldn’t keep pace with the number of residents moving somewhere else. The COVID-19 pandemic likely makes the already-long odds of a quick rebound in the region’s population even …
The Pittsburgh region’s unemployment rate climbed and thousands of workers in the region left the labor force in January as the COVID-19 pandemic continued batter the local economy. Unemployment rose from 6.8 percent in December to 7.6 percent in January, Pennsylvania labor data suggests. The January increase is more dramatic when compared to January 2020, …
Pittsburgh Region’s Labor Force Shrinks Dramatically (and Unemployment Rises) Read More »
The number of southwestern Pennsylvanians open to being vaccinated against the COVID-19 virus is surging as the local vaccine rollout gains steam and public hesitancy wanes, even among those who had been steadfast in their refusal to get the shots, a new survey suggests. But the increased willingness to get vaccinated coincides with widespread dissatisfaction …
As More Get Vaccinated, Local Hesitancy Subsides Read More »
Job losses in the Pittsburgh region continued to mount in January, and revised data reveal that the troubling losses experienced across industry sectors last year were worse than first reported, according to the U.S. Bureau of Labor Statistics. The seven-county Pittsburgh Metropolitan Statistical Area lost about 85,000 jobs between January 2020 and January 2021 — …
After lagging most of the nation for decades, Allegheny County has managed to meet the minimum federal health standard for one of the most harmful of the major air pollutants, county health department data suggest. Levels of fine particulate pollution, known as PM2.5, averaged 11.1 micrograms per cubic meter of air over the last three …
Allegheny County Meets Air-Quality Standard for First Time in Decades Read More »
After a major power blackout left New York City in the dark in 1965, the New York Times suggested it led to a citywide baby boom, citing a surge in births at local hospitals. After Boston was hit with a blizzard in 1978, the Boston Globe predicted it would result in a baby boom. In …
Economic recovery prospects in the Pittsburgh metro region are challenging for 2021. Government-mandated business closures and capacity limitations have sunk the metropolitan area’s labor force into steeper-than-average declines, undermining the ability of existing household consumption and business expenditures to reignite economic gains in the near term. New stimulus from the federal government may well provide …
To view a PDF version of Pittsburgh Today and Tomorrow 2021, click here.
Concern about their jobs and the local and national economies is widespread among people in southwestern Pennsylvania as the COVID-19 pandemic drags into its second year. In January, their confidence in all three fell to some of the lowest levels since the region’s first case of the coronavirus was reported 11 months ago, a new …
Pandemic Saps Confidence in Jobs Outlook, Economy Read More »
