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April 18, 2024 6:35 am

U.S. Job Market Surges as Unemployment Drops to 3.7%

According to the latest report from the Bureau of Labor Statistics, the United States gained 199,000 jobs in November, while the unemployment rate declined to 3.7 percent. Average hourly wages rose 4.0 percent over the past year and increased by 0.4 percent, or 12 cents, compared to October. The most notable job gains were observed …

Pennsylvania’s Unemployment Rate Holds Steady at Historic Low

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 …