Employment Data Suggests Montco Prospering Relative to Rest of State, Nation

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The Pennsylvania Department of Labor and Industry released its employment situation report for September 2016, and it reveals that Montgomery County (4.3 percent) currently has an unemployment rate much lower than not only the state average, but also the entire nation’s.

Pennsylvania’s unemployment rate was unchanged from August at 5.7 percent. Pennsylvania’s rate remained above that of the United States, which increased one-tenth of a percentage point to 5.0 percent in September.

According to the data, Montgomery County’s labor force consists of approximately 450,400 people, 19,500 of which are currently unemployed.

The per capita personal income in Montgomery County stands at $75,835, while the rest of Pennsylvania’s is at $47,679.

Pennsylvania’s civilian labor force was up 7,000 from August to 6,522,000. Resident employment increased by 5,000 while the unemployment count rose 1,000.

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