Pennsylvania’s unemployment rate reaches lowest figure on record

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The unemployment rate in Pennsylvania reached its lowest degree in February since 1976, when the state began retaining info.

Pennsylvania’s Department of Labor and Industry talked about in a launch Friday that the state’s unemployment rate dropped 0.1 p.c from January, proper all the way down to 4 p.c.

According to the Associated Press, the ultimate time the state’s unemployment rate hit 4 p.c was on the flip of the century, once more in 2000. The number of unemployed residents inside the state moreover reached its lowest rate since 2000, in response to the Department of L&I.

Nationally, Pennsylvania is tied for the 15th-highest unemployment rate. The nationwide unemployment rate in February was 3.8 p.c, in response to the AP.

The Department of L&I moreover talked about Friday that common jobs inside the state elevated 0.7 p.c over the earlier 12 months, with jobs in education and properly being corporations seeing a very powerful leaps over that time interval. The number of employed Pennsylvania residents moreover reached a record-high mark: 6,209,000.

Also on Friday, Pennsylvania Gov. Tom Wolf on Twitter often known as for an increase inside the base wage for lecturers, from the current $18,5000 to $45,000:

Earlier this month, Wolf commented on a report displaying better than 1.75 million Pennsylvania staff nonetheless make decrease than $15 per hour, admitting the state “continues to lag behind other states, including all our neighbors, in ensuring fair wages that keep up with the cost of living.”

Wolf has publicly supported elevating the state’s minimal wage from $7.25 per hour to $12 per hour this 12 months, and elevating it to $15 per hour by 2025.

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