Jobs and Unemployment

PA Payrolls Essentially Unchanged in January But Jobless Rate Falls to 6.4%

Today was an unusual first Friday of the month as we got both a national release of job numbers for February and a Pennsylvania jobs release for January.

Both reports were a mixed bag:

  • National payrolls grew a bit faster than expectations, but the unemployment rate climbed to 6.7% in February.
  • Pennsylvania payrolls grew by a disappointing 500 jobs in January, but the unemployment rate declined four-tenths of one percentage point to 6.4%.

PA Job Growth Slows Once Again in 2013

By several measures, Pennsylvania’s economic recovery is still limping along. That is the essential finding of a new policy brief from the Keystone Research Center examining Pennsylvania job growth since the recession ended.

Job growth in the state has slowed steadily over each of the past three years with only about a quarter of the number of jobs created in 2013 as in 2010, the first full year of the economic recovery.

Another Reality Check on PA Marcellus Shale Employment

For quite some time now, we have been putting out jobs data explaining that drilling in the Marcellus Shale has produced far fewer new jobs than the industry and its supporters claim. Well, now you don't have to listen to us; a team of economists from the U.S. Bureau of Labor Statistics (BLS) is out with a study confirming what we have been saying all along.

Towards a Moral Economy: Is NOW the time?

The Moral March: Photo from ThinkProgress.orgThe Philadelphia Daily News' Will Bunch had an uplifting column this past Sunday on Saturday's "Moral March" in Raleigh, N.C. It was the South's largest protest march since Dr. Martin Luther King and the Selma-to-Montgomery march in 1965.

PA Saw Less Job Growth, Shrinking Labor Force in 2013

With Pennsylvania's December jobs report out today, we are able to draw a few conclusions about job growth in 2013 — and the news is mostly not good. Monthly job growth continued to decelerate across the commonwealth last year, and while the unemployment rate dropped by more than a percentage point from January to December, much of that is linked to a shrinking labor force rather than booming job growth.

More Economy Boosting Jobs, Less Austerity

How do we get our economy growing more robustly again? It's not through austerity — cutting government spending and investment when private consumption and investment are already lagging — as Paul Krugman reminds us again today.

It is through "economy boosting jobs" — raising wages so that working families can buy what they need and help their communities thrive. Here's a simple video (also below) explaining this point, circulated to us from the good folks at Topos.

Many Core Drilling Jobs Existed Before Emergence of Hydrofracking

It’s been nearly two weeks since we released a report with the Multi-State Shale Research Collaborative finding that drilling in the six states that span the Marcellus and Utica Shale formations has produced far fewer new jobs than the industry and its supporters claim.

California Conservative Proposes $12 Per Hour Minimum Wage

Last week, The New York Times reported that Ron Unz, a conservative Silicon Valley millionaire and past Editor of The American Conservative, favors increasing California's minimum wage to $12 per hour.

The arguments he is making explain why a much higher minimum wage strengthens the economy and benefits taxpayers, and progressives should capitalize on his support to amplify these arguments in their own advocacy.

A Shift in Drilling from Pennsylvania to Ohio

To follow up on my blog post Monday, here is a look at how shale drilling has shifted from Pennsylvania to Ohio and other areas with growth in shale oil production beginning in 2012.
A Shift in Drilling from PA to OH

Shale Drilling Highly Sensitive to Price, Meaning Job Gains May Not Be Lasting

Natural gas drilling in the six states spanning the Marcellus Shale is highly sensitive to price fluctuations. High prices fueled shale development from 2000 to 2008. As prices have declined, gas drilling activity has slowed while development of higher-priced oil has accelerated.
Drilling for Natural Gas Fluctuates with Natural Gas Price

Syndicate content