New numbers out from the Bureau of Labor statistics show positive job growth during the month of December(2010).
The national unemployment rate fell from 9.8 percent to 9.4 percent, while those numbers are not worth running into the street to celebrate it shows a more robust economy; reversing sentiment that the country was headed for a double dip recession.
Jobless numbers have been on a roller coaster ride rising in November to that 9.8 mark and concern was growing that the trend would spiral upward especially factoring in adjustments for seasonal labor.
The 0.4 percent drop from November to December resulted in 103,000 new non-farm payroll jobs.
Pennsylvania is and has been doing better than the national average. According to Labor and Industry the state’s unemployment rate is at about 8.6 percent, almost a full percentage point better than national numbers.
Reading between the lines, the economy is stuck in a ditch. Companies are still reticent to fill existing vacancies or create new jobs.
The brightest spots to find work is in health care, leisure, and hospitality industries.
(Want to look up more information about then let Rock The Capital help you do surf over to Bureau of Labor Statistics.)
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