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PENNSYLVANIA'S OCTOBER JOBLESS RATE IS 7.4 PERCENT

 PENNSYLVANIA'S OCTOBER JOBLESS RATE IS 7.4 PERCENT
 HARRISBURG, Pa., Nov. 6 /PRNewswire/ -- Pennsylvania's seasonally


adjusted unemployment rate fell in October by two-tenths percentage point to 7.4 percent, analysts with the state Department of Labor and Industry announced today.
 The October rate was the state's lowest unemployment rate since March's rate of 7.2 percent and the third lowest for the year.
 Department analysts attribute much of the drop to re-employment of discouraged workers who returned to the labor force over the past few months and at first had trouble finding a job.
 The civilian labor force climbed 34,000 to 6,064,000 slightly exceeding the record high of 6,061,000 set in August. The three-month period ending in October had the highest monthly labor force totals on record.
 Since September, resident unemployment fell 5,000 to 451,000 while employment showed a moderate gain, reaching 5.61 million, the fifth highest total on record.
 Department analysts noted that October's employment count was higher than levels just prior to the beginning of the recession in 1990.
 Compared to one year ago, employment was up 30,000 this October. However, strong gains in the labor force exceeded employment growth during the past year, resulting in a higher number of unemployed and higher unemployment rate.
 Early results from another survey, based upon employer payrolls rather than households, show that the number of nonagricultural wage and salary jobs were up 42,600 from September to 5.05 million in October.
 In the payroll survey, strong over-the-month gains were reported in the service-producing industries where jobs increased a net 52,100 to 3.88 million, mainly through gains in government (+29,600) and services (+17,800).
 In contrast, jobs in the goods-producing industries fell by 9,900 since September to 1.17 million. Most of the decline (-6,400) was in manufacturing industries, and the rest in construction (-3,400) and mining (-100).
 When compared to October 1991, overall nonfarm jobs were down 64,100. Only services, up 15,400, had more jobs this October than a year before.
 PA (SEASONALLY ADJUSTED)(A) Oct. 1992 Sept. 1992 Oct. 1991
 Labor Force 6,064,000 6,030,000 5,982,000
 Employment 5,612,000 5,574,000 5,582,000
 Unemployment 451,000 456,000 400,000
 Rate 7.4 pct. 7.6 pct. 6.7 pct.
 PA (UNADJUSTED) Oct. 1992 Sept. 1992 Oct. 1991
 Labor Force 6,074,000 6,004,000 5,993,000
 Employment 5,643,000 5,585,000 5,611,000
 Unemployment 430,000 419,000 383,000
 Rate 7.1 pct. 7.0 pct. 6.4 pct
 (A) Seasonally adjusted figures attempt to "filter out" the labor market fluctuations which are caused by normal seasonal patterns. With these recurring patterns removed, the data provide a more accurate account of general economic trends.
 For additional information on the October Pennsylvania employment data, contact the Labor and Industry Press Office. Local and regional information for September is available from Labor and Industry's regional labor market analysts. Regional analysts' names and phone numbers may be obtained from the nearest state Job Center or from the L&I Press Office 717-787-7530.
 /delval/
 -0- 11/6/92
 /CONTACT: Jack McGettigan or Susan Hensel or Scott Burkett of the Department of Labor & Industry, 717-787-7530/ CO: Pennsylvania Department of Labor & Industry ST: Pennsylvania IN: SU:


MP -- PH004 -- 8060 11/06/92 09:08 EST
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Date:Nov 6, 1992
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