March 2, 2024 3:04 pm
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Pennsylvania’s Unemployment Rate Holds Steady at Historic Low

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In its October 2023 employment situation report, the Pennsylvania Department of Labor & Industry revealed that the state’s unemployment rate held steady at a historic low of 3.4%, unchanged from the previous month and notably below the national rate of 3.9%. Pennsylvania’s unemployment rate in October 2023 was a full percentage point lower than the same month in 2022, while the national rate increased by two-tenths of a percentage point over the year.  Despite a monthly decrease of 4,700 (nonfarm) jobs, the state saw a significant year-over-year increase of 129,200 total nonfarm jobs, led by gains in 10 of the 11 supersectors. In particular, education & health services experienced the largest volume gain over the year, reaching a record high.

The unemployment figures across Central Pennsylvania’s metropolitan areas largely remained the same between September and October. The seasonally adjusted unemployment rates for each MSA are listed below:

  • Altoona: 3.6 percent (remained at record low)
  • Bloomsburg-Berwick:  3.5 percent (decreased one-tenth of a percentage point)
  • Chambersburg-Waynesboro: 3.0 percent (unchanged)
  • Gettysburg: 2.7 percent (unchanged)
  • Harrisburg-Carlisle: 3.1 percent (unchanged)
  • Johnstown: 4.4 percent (remained at record low)
  • Lancaster: 2.8 percent (unchanged)
  • Lebanon: 3.1 percent (unchanged)
  • Reading: 3.8 percent (increased one-tenth of a percentage point)
  • State College: 2.8 percent (unchanged) 
  • Williamsport: 3.8 percent (unchanged)
  • York-Hanover: 3.1 percent (increased one-tenth of a percentage point)