Job growth rate improves in July
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.

  
Financial Activities Job Growth Rate, July 2013
  
Over the five-year period from July 2008 to July 2013, the Pittsburgh region gained 24,000 nonfarm jobs. Pittsburgh's job growth rate over the past five years was 2.1 percent.

 

Thanks for your interest,

 

Douglas Heuck

Program Director

PittsburghTODAY 

  


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