Unemployment rate rises slightly

The unemployment rate rose in Warren County to a seasonally-adjusted 4.6 percent in March.

That’s a .5 percent decrease from February and a .5 percent decrease from March 2017.

The Pennsylvania Department of Labor and Industry Center for Workforce Information and Analysis released the February data on Tuesday.

Warren County’s rate is the lowest in the region.

Rates for Bradford and Erie were 5.1 percent and 5.0 percent, respectively, 6.5 percent in Forest County, 5.0 percent in Meadville and 5.3 percent in Oil City.

Warren County came in below the state unemployment rate of 4.8 percent but above the federal unemployment rate which came in at 4.1 percent in March.

The data shows jobs were gained in total nonfarm, service-providing, government and local government.

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.

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