Nonfarm payrolls in Pennsylvania hit a record high for an eighth straight month, and the state’s unemployment rate remains at 3.4% in March, according to the The Pennsylvania Department of Labor and Industry (L&I) announced.
The L&I released its preliminary employment situation report for March 2024 on Friday.
The report reveals that Pennsylvania’s labor force continues to grow as total nonfarm employment sets another record at 6,148,900 total. jobs.
The Commonwealth unemployment rate remained at 3.4%. This is the sixth consecutive month at 3.4%. The U.S. unemployment rate fell by a tenth of a percentage point from It is February rate at 3.8%.
Pennsylvania’s unemployment rate was one-tenth of a percentage point below its March 2023 level of 3.5%. Civilian laborincluding the estimated number of residents working or looking for work increased by 20,000over the month, largely due to growth in resident employment.
Nonfarm payrolls in Pennsylvania increased by 15,300 in March to a record high of 6,148,900. eighth a consecutive record for the number of jobs in Pennsylvania. Employment increased from February in eight of eleven industry supersectors, with leisure and hospitality seeing the largest increase. Two supersectors – financial activities and education and health services – reached record levels in March.
Nonfarm jobs increased by 78,200 this year, with gains in five of 11 supersectors. Showing an increase of 55,700, education and health services (+55,700) recorded the largest volume increase over the year among the supersectors.
