TribLIVE

| Business


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

Unemployment falls in nearly 90% of cities

Email Newsletters

Click here to sign up for one of our email newsletters.

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.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Business Headlines

  1. Pa. sees widespread job gains; jobless rate holds at 5.3%
  2. Murray Energy expects to lay off as many as 1,800 more
  3. Developer hopes to make Allegheny Center a tech hub
  4. BNY Mellon promotes executive
  5. Market inches further into record territory as oil price jump boosts energy sector
  6. Home sales slipped in April on tight supply, high prices
  7. Lumber Liquidators CEO abruptly resigns
  8. CVS to enter elder-care market with acquisition of drug distributor Omnicare
  9. McDonald’s CEO ‘proud’ of pay hike
  10. Wind energy muscled out of state market
  11. Following trends, not fads, separates Big Burrito Restaurant Group