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Unemployment rate dips in Warren County

The unemployment rate in Warren County fell over half-a-percent in January.

The seasonally-adjusted rate sits at 3.0 percent – down from 3.7 percent in December – according to data from the Pennsylvania Department of Labor and Industry Center for Workforce Information and Analysis released last week.

3.0 percent represents a decline from Jan. 2023, when the rate was 4.8 percent.

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

Rates for Bradford and Erie were 3.6 percent and 3.7 percent, respectively, 4.3 percent in Forest County, 3.3 percent in Meadville and 3.3 percent in Oil City.

Warren County came in below the state unemployment rate of 3.4 percent and the federal unemployment rate which came in at 3.7 percent in January.

The data shows an increase from Dec. to Jan. of the number of people in the labor pool and a decline in the number of jobs in several industry sectors.

According to the Federal Bureau of Labor Statistics at 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 changes 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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