Unemployment Improves but Region Needs More Workers
Employers in the Pittsburgh region added workers to their payrolls in July, but the region’s labor market remained flat, according to the latest Pennsylvania Department of Labor data. Unemployment in the seven-county Pittsburgh Metropolitan Statistical Area dipped from 6.3 percent in June 2021 to 6.2 percent in July, but it is still higher than the …
Unemployment Improves but Region Needs More Workers Read More »
Pittsburgh Metro Loses Jobs in July
The seven-county Pittsburgh Metropolitan Statistical Area had 7,700 fewer jobs in July than what employers had on their payrolls a month earlier, according to recent data from the U.S. Bureau of Labor Statistics. “In normal years, a little bit of decline in the middle of the summer is pretty normal,” said Chris Briem, a regional …
Few Workers Added to Weak Workforce
The labor market in the Pittsburgh region remained largely stagnant, and unemployment rose slightly in June, according to the latest Pennsylvania Department of Labor data. Unemployment in the seven-county Pittsburgh Metropolitan Statistical Area rose from 5.7 percent in May 2021 to 6.3 percent in June. Despite the uptick, unemployment has significantly improved from a year …
The Curtain Rises, At Last
On an evening in early June, people lounged in camp chairs and blankets on the grass at Point State Park, lines formed at food booths on the edge of the lawn and people stood shoulder-to-shoulder, swaying to the sounds of blues rock and soul music performed by Celisse on the main stage. It was more …
Region Adds Jobs, but Needs More
The Pittsburgh region welcomed back thousands of jobs in June but will need sustained gains to climb back to pre-pandemic employment levels. The seven-county Pittsburgh Metropolitan Statistical Area gained 57,800 jobs from June 2020 to June 2021, including 9,300 jobs since May 2021. “Jobs are up more than you would seasonally expect here for the …
Unemployment Falls and Labor Force Plunges
Unemployment fell sharply in southwestern Pennsylvania last month. But the good news is tempered by continued contraction of the regional labor force, which plunged to its lowest level since June 1991, according to the latest Pennsylvania Department of Labor data. Unemployment in the seven-county Pittsburgh Metropolitan Statistical Area dropped one full percentage point — from …
As Unemployment Falls, Local Labor Force Stalls
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 …
Seasonal Hiring Boosts Local Jobs
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 …
Pittsburgh Real Estate
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, …
Unemployment Stable but Labor Force Shrinks
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 & …
New Paradigm
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 …
Region Adds Jobs, but Growth Is Slow
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 …
February Jobs Report: Still Dismal
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 …
Pittsburgh Region’s Labor Force Shrinks Dramatically (and Unemployment Rises)
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 »
Jobs Report Bleak
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 — …
Baby Boom, or Bust?
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 …
Workers Lose Jobs, Labor Force Shrinks
Thousands of workers continued to exit the southwestern Pennsylvania labor force, and the local unemployment rate ticked upward as the pandemic year of 2020 drew to a close. The seven-county Pittsburgh Metropolitan Statistical Area’s seasonally adjusted unemployment rate rose from 6.7 percent in November to 6.8 percent in December 2020, according to the Pennsylvania Department …
Job Losses Mount
The Pittsburgh region shed more jobs in December, offering further evidence that the local economy’s recovery from the coronavirus recession has slowed. The seven-county Pittsburgh Metropolitan Statistical Area lost 5,300 jobs from November to December last year, according to U.S. Bureau of Labor Statistics data. And employers shed 86,300 workers from their payrolls in November …
Unemployment Drops to 6.5 Percent
The seven-county Pittsburgh Metropolitan Statistical Area’s seasonally adjusted unemployment rate fell from 7.2 percent in October to 6.5 percent in November, according to Pennsylvania Department of Labor Center for Workforce Information & Analysis program data. “The unemployment rate is high, but not exceptional,” said Chris Briem, regional economist at the University of Pittsburgh Center for …
Jobs Climb Slowly in November
Employers in the seven-county Pittsburgh Metropolitan Statistical Area added 1,300 jobs to their payrolls from October 2020 to November 2020. But the bump in hiring still left the region 85,900 jobs short of the number on the books in November 2019, which is a 7.3 percent decline, according to U.S. Bureau of Labor Statistics data. …
Unemployment Drops Again in October
The seven-county Pittsburgh Metropolitan Statistical Area’s seasonally adjusted unemployment rate fell from 8.3 percent in September to 7.2 percent in October, according to data from the Pennsylvania Department of Labor Center for Workforce Information & Analysis program. “7.2 percent is high, but is not extraordinary,” said Chris Briem, regional economist at the University of Pittsburgh …
Pittsburgh Jobs Creep Back in October
Employers in the seven-county Pittsburgh Metropolitan Statistical Area added 11,900 jobs from September to October, according to data from the U.S. Bureau of Labor Statistics. While the gains are encouraging, it remains a bruising year in terms of local payrolls. The Pittsburgh region lost about 86,000 jobs between October 2019 and October 2020—a 7.1 percent …