Marcellus Aids Pa. Jobless Rate

Summary


Pennsylvania's jobless rate fell slightly to 7.4 percent in May as the booming natural gas industry added more jobs, the state said on Thursday.

The unemployment rate, adjusted for seasonal hiring factors, was 0.1 percentage point below April's rate of 7.5 percent, the state Department of Labor and Industry said. May's rate also was 1.3 percentage points below the May 2010 rate of 8.7 percent.

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Extract


Marcellus Aids Pa. Jobless Rate

Despite the lower rate, "the May report raises serious concerns that a renewed weakness in the national economy is...

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