County unemployment rate rose in May
The unemployment rate in Warren County rose to a seasonally-adjusted 5.8 percent in May.
That’s a .2 percent increase from April and a .5 percent increase from May 2016.
The Pennsylvania Department of Labor and Industry Center for Workforce Information and Analysis released the May data on Tuesday. Warren County’s rate is one of the lowest in the region.
Rates for Bradford and Erie were 6.5 and 6.1 percent, respectively, 7.5 percent in Forest County, 5.7 percent in Meadville and 6.7 percent in Oil City.
Warren County came in above the state unemployment rate of 5.0 percent and also above the federal unemployment rate which came in at 4.3 percent in May.
Jobs were added in the following areas: Total nonfarm, total private, goods-producing, service-providing and leisure and hospitality
According to the federal Bureau of Labor Statistics of the U.S. Department of Labor, seasonal adjustment “is a statistical technique that attempts to measure and remove the influences of predictable seasonal patterns to reveal how employment and unemployment change from month to month.”
“These seasonal adjustments make it easier to observe the cyclical, underlying trend, and other nonseasonal movements in the series,” making it possible to compare month-to-month.