Job growth rate improves in July
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Dear Friend,
The total nonfarm job figure for July 2013 in the Pittsburgh region was 1,175,100, and the year-over-year job growth rate was 1.5 percent, which was below the benchmark average of 1.7 percent but above the June rate of 1.3 percent. Minneapolis had the highest year-over-year job growth rate in July at 3.7 percent.
Sectors that are doing well include natural resources, mining and construction (up 2.5 percent), financial activities (up 5.9 percent), professional and business services (up 4.4 percent), and leisure and hospitality (up 4.9 percent). Information jobs in the region declined 2.7 percent year-over-year, retail trade was down 1.9 percent, and government jobs declined by 0.8 percent.
Thanks for your interest,
Douglas Heuck
Program Director
PittsburghTODAY
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