Pennsylvania unemployment rate held at 3.5%

The Pennsylvania Department of Labor and Industry (L&I) today released its August 2023 preliminary employment report.

Pennsylvania’s unemployment rate was unchanged for the month at 3.5% in August, the lowest rate on record (since January 1976). The unemployment rate in the US rose by three-tenths of a percentage point from July to 3.8%. The Commonwealth unemployment rate was 0.8 percentage points lower than the August 2022 rate of 4.3%, and the national unemployment rate was unchanged for the year.

Pennsylvania’s civilian labor force — the estimated number of residents who are working or looking for work — rose by 1,000 in the month. Resident employment rose by 6,000 since July, while unemployment fell by 4,000.

Total nonfarm payrolls in Pennsylvania rose by 15,800 over the month to a new record high of 6,164,500 in August. It was the eighth consecutive month that jobs set a new all-time high. The number of jobs increased compared to July in eight of the 11 industry supersectors, with the largest gains in education and health care (+7,400) rising to record highs. Construction and trade, transportation and utilities also rose to record highs in August.

Over the year, the total number of non-agricultural jobs increased by 153,800, with gains in all 11 supersectors. Education and health services (+50,000) had the largest year-over-year volume growth among supersectors.

More information is available on the L&I website at www.dli.pa.gov or by following us on Facebook, Twitterand LinkedIn.

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