Sunday, December 21, 2014

Pa., N.J. jobless falling, despite U.S. trend: Philly Fed

Tri-state hiring is reducing the regional unemployment rate, says the Federal Reserve

Pa., N.J. jobless falling, despite U.S. trend: Philly Fed

"Despite the increase in the national unemployment rate" to around 9.8%, the Pennsylvania jobless rate will fall from 8.8% last month to as low as 8.5% in December; New Jersey's will fall from 9.2% to as low as 8.8%; and Delaware's will stay flat around 8.3%, says the Federal Reserve Bank of Philadelphia, after reviewing unemployment insurance filings. More here.

Joseph N. DiStefano
About this blog

PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
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