Unemployment Continues Downward Trend

- April 1 2014-
The February seasonally adjusted unemployment rate for the Erie Metropolitan
Statistical Area (MSA) fell three-tenths of a percentage point to 6.4 percent. Over the year, the rate fell 1.6
percentage points. The Erie MSA had the 9th
lowest unemployment rate among Pennsylvania’s 14 MSAs in February.
The Lebanon MSA had the lowest rate at 4.7 percent, while the Scranton-Wilkes-Barre MSA had the highest rate at 7.7
percent. The February seasonally adjusted unemployment rate for Pennsylvania decreased two-tenths to 6.2 percent,
while the national rate increased one-tenth to 6.7 percent.

Unemployment rates and rankings of nearby counties were: Warren (5.3%, 10th); Forest (8.2%, 63rd); Venango (6.3%, t-
34th); Mercer (6.4%, t-37th); and Crawford (6.0%, t-26th).

In February, seasonally adjusted total nonfarm jobs in the Erie MSA rose 700 to 130,800. Since February 2013, jobs
increased 1,700 in the MSA. Detailed industry data for the MSA is not seasonally adjusted (see below).

 Trade, transportation, and utilities declined 300 in February. Layoffs were expected at companies that hired for
the recent shopping season.

 Spring semester began at colleges and universities resulting in increases in education and health services (+200)
and state government (+900).

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