Overall unemployment rate moved down to 3.8% with the biggest shift in Restaurants & Hotels, which gained 900 roles, based on the most recently available information published in May 2023.
Total employment in the Allentown-Bethlehem-Easton, PA-NJ market rose by 2,756 jobs in March and the unemployment rate decreased compared to the prior month by 80 bps to 3.8%. The national unemployment rate decreased by 27 bps over the same time to 3.6%.
- Allentown-Bethlehem-Easton, PA-NJ unemployment rate is 18 bps above the national rate which is a negative sign.
- Unemployment in the market is 50 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in March versus prior month by 8.1% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Transportation & Utilities: 94,500; -700
- Education & Healthcare: 82,700; +400
- Business Services: 51,500; +700
- Manufacturing: 41,100; -100
- Government: 39,200; +300
- Restaurants & Hotels: 34,200; +900
- Other Jobs: 14,300; no change
- Construction, Mining: 13,600; +400
- Financial Services: 12,900; +100
- IT & Development: 5,300; no change
Data is based on the most recent 12 months available, through March 2023 (Data published May 2023 and reports created on May 9,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.