Saturday, August 20, 2011

PA Unemployment Rate Rises Again

The Pennsylvania unemployment rate rose to 7.8% in July, up from 7.6% in June and 7.4% in May. Pennsylvania was one of 10 states with a statistically significant increase in unemployment in July.

The Pennsylvania economy was doing much better than the national economy from January 2010 to April 2011 but is performing worse than the national economy since May. We were a leader in creating jobs. Our economy is now in reverse.

Austerity Economics at the state and national level is a recipe for rising unemployment and killing economic growth.

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