TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Unemployment falls in nearly 90% of cities

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

By The Associated Press
Thursday, Oct. 4, 2012, 12:01 a.m.
 

Unemployment rates fell in nearly 90 percent of large metro areas in August, mainly because more people gave up looking for work.

The Labor Department said Wednesday that unemployment rates dropped in 329 large cities, the most in four months. Rates rose in 24 cities, including Pittsburgh, and were unchanged in 19. Pittsburgh's rate rose to 7.3 percent from 7.1 percent in July.

The nation's unemployment rate fell in August to 8.1 percent from 8.3 percent, also because more people stopped searching for jobs and weren't counted.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Harmar developer sells 15 hotels in Western Pa., West Virginia
  2. Rice Energy spin-off priced below expected range
  3. Wesco cautious, reaffirms guidance
  4. Federated Investors forecasts optimistic scenario for growth in economy, markets
  5. Fed emphasizes patient approach on rate increases
  6. Natural gas groups says increase in Pennsylvania taxes would bring dire results for economy
  7. Consumer prices drop aside gas cost plunge
  8. Insurers give customers extra time to pay first month’s premium for 2015 under Obamacare
  9. EDMC accused in GI Bill scheme
  10. FedEx 2Q profit jumps 23%; revenue up 8% at Moon-based Ground business
  11. Stock market jumps as Fed pledges patience in rate hikes
Subscribe today! Click here for our subscription offers.