Overall unemployment rate moved down to 5.9% with the biggest shift in Restaurants & Hotels, which gained 4,100 roles, based on the most recently available information published in June 2021.
Total employment in the Allentown-Bethlehem-Easton, PA-NJ market rose by 5,324 jobs in May and the unemployment rate decreased compared to the prior month by 60 bps to 5.9%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Allentown-Bethlehem-Easton, PA-NJ unemployment rate is 40 bps above the national rate which is a negative sign.
- Unemployment in the market is 850 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 2.8% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.7% . Key sectors include:
- Transportation & Utilities: 87,200; +700
- Education & Healthcare: 76,000; -300
- Business Services: 46,400; +500
- Manufacturing: 38,800; +800
- Government: 38,700; -100
- Restaurants & Hotels: 34,600; +4,100
- Construction, Mining: 13,600; no change
- Financial Services: 13,300; +200
- Other Jobs: 13,000; +200
- IT & Development: 4,700; no change
Data is based on the most recent 12 months available, through May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.