Saturday, May 30, 2015

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.

About this blog

PhillyDeals posts drafts, transcripts and updates of Joseph N. DiStefano's columns and stories about Philly-area business, which he's been writing since 1989.

DiStefano studied economics, history and a little engineering at Penn and taught writing at St. Joseph's. He has written thousands of columns and articles for the Inquirer, Bloomberg and other media, wrote the book Comcasted, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com, distefano251@gmail.com, 215.854.5194 or 302.652.2004.

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

Joseph N. DiStefano