Skyline of Richmond, Virginia

Scranton/Wilkes-Barre MSA’s unemployment rate at 6.0 percent, remains highest

02.18.15

JANUARY 2015, Scranton/Wilkes-Barre/Hazleton Edition of The Union News

MSA’s unemployment rate at 6.0 percent, remains highest

BY PAUL LEESON
THEUNIONNEWSSWB@AOL.COM

REGION, January 4th- The Scranton/Wilkes-Barre Metropolitan Statistical Area (MSA) decreased by three-tenths of a percentage point to 6.0 percent. The MSA continues to have the highest unemployment rate among the 14 MSA’s within Pennsylvania but according to the recently released data the current unemployment rate is the lowest it has been since June 2008 when it was also at 6.0 percent. The MSA has had the highest unemployment rate within Pennsylvania for more than six consecutive years.

The last report was released approximately one month before. The Metropolitan Statistical Area includes Luzerne, Lackawanna and Wyoming Counties of Pennsylvania. Twelve months ago the unemployment rate for the region was 8.5 percent.

The main reason the MSA’s unemployment has decreased during the past year is because of the decline of the workforce, not because the job market has improved much. The MSA’s civilian labor-force was 279,400 twelve months ago but currently the labor-force is at 273,600. One year ago there were 255,500 civilians employed within the MSA while currently there are 257,100 employed within the civilian workforce.

The unemployment rate in Pennsylvania is 5.1 percent, also decreasing by three-tenths of a percentage point from the previous month. Pennsylvania has a seasonally adjusted civilian labor force of 6,368,000 with 323,000 not working. Pennsylvania has 6,045,000 civilians with employment. Pennsylvania’s unemployment rate decreased by one and eight-tenths of a percentage point over the past twelve month. Meanwhile, the nation’s unemployment rate was reported to be at 5.8 percent, unchanged from the previous report but dropping by one and two-tenths of a percentage point from twelve months ago.

The Johnstown MSA has the second highest unemployment rate at 5.9 percent, the Philadelphia MSA has the third highest unemployment rate at 5.6 percent while the Allentown/Bethlehem/Easton MSA has the fourth highest unemployment rate in the state at 5.3 percent.

The State College MSA has the lowest unemployment rate in Pennsylvania at 3.9 percent. The Lancaster MSA and the Lebanon MSA are tied for the second lowest at 4.1 percent while the Harrisburg MSA has the third lowest unemployment rate in Pennsylvania at 4.2 percent.

The Scranton/Wilkes-Barre MSA has the fifth largest labor-force in Pennsylvania with 273,600 civilians. There are 16,500 civilians without employment, decreasing by 800 from the previous report. The Philadelphia MSA has the largest labor-force in Pennsylvania at 2,973,600 with 167,800 not working; the Pittsburgh MSA has the second largest labor-force at 1,242,000 with 59,200 without jobs; and the Allentown/Bethlehem/Easton MSA has the third largest labor-force at 427,000 with 22,800 not working.

The Williamsport MSA has the smallest labor-force in Pennsylvania with 63,000 civilians and 3,300 of them have no jobs. The Altoona MSA has the second smallest labor-force with 64,100 civilians with 3,000 without employment and the Johnstown MSA is third with a labor-force of 65,300 and 3,800 of them are not working.

Wyoming County has the lowest unemployment in the MSA at 5.4 percent, decreasing by five-tenths of a percentage point from the previous report and dropping by two and two-tenths of a percentage point from twelve months before. Wyoming County has 700 civilians of their work-force without jobs.

Luzerne County has the highest unemployment rate within the MSA at 6.2 percent, rising by one-tenth of a percentage point from the previous report and dropping by two and five-tenths of a percentage point from one year before. Luzerne County has 9,700 civilians without employment.

Lackawanna County’s unemployment rate is 5.8 percent, unchanged from the previous report. There are 6,000 Lackawanna County residents reported to be unemployed.