Fri. Nov 22nd, 2024

Coudy News

Late Breaking News for Coudersport and Northcentral PA

County Jobless Rate Continues To Fall; 9.1 Percent In January

1 min read

From Potter County Today

chartgoingdownLocal officials are encouraged by the most recent unemployment figures for Potter County. January’s workforce profile, released this week, shows another drop in the area’s jobless rate.

Potter County’s rate was 9.1 percent, down from the 10.0 percent in December and 10.4 percent the previous month. There were many factors, including job growth at customer contact centers and other larger employers; call-backs of manufacturing employees who were laid off; new jobs in the national gas industry, and slight growth in retail employment.

As always, the State Department of Labor and Industry advises that wide fluctuations can take place in local jobless rates, due to the relatively small labor force and other factors, such as migration. Official unemployment rates can mask a more serious problem. As furloughed employees exhaust their unemployment compensation benefits, they are no longer counted among the jobless who are “actively looking for work” and, thus, reported as unemployed.

Potter County Today is a timely information site courtesy of the Potter County Commissioners. Reprinted with Permission.

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