Overall unemployment rate moved down to 3.3% with the biggest shift in Restaurants & Hotels, which gained 600 roles, based on the most recently available information published in June 2023.
Total employment in the Allentown-Bethlehem-Easton, PA-NJ market declined by 2,079 jobs in April and the unemployment rate decreased compared to the prior month by 60 bps to 3.3%. The national unemployment rate decreased by 53 bps over the same time to 3.1%.
- Allentown-Bethlehem-Easton, PA-NJ unemployment rate is 20 bps above the national rate which is a negative sign.
- Unemployment in the market is 60 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 6.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.2% . Key sectors include:
- Transportation & Utilities: 93,800; -500
- Education & Healthcare: 82,200; -300
- Business Services: 51,900; +500
- Manufacturing: 41,100; no change
- Government: 39,300; +100
- Restaurants & Hotels: 34,700; +600
- Other Jobs: 14,300; no change
- Construction, Mining: 13,900; +400
- Financial Services: 12,900; no change
- IT & Development: 5,400; no change
Data is based on the most recent 12 months available, through April 2023 (Data published June 2023 and reports created on June 8,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.