Unemployment Rate

Total unemployment in the report area for the current month was 4,033, or 5% of the civilian non-institutionalized population age 16 and older (non-seasonally adjusted). This indicator is relevant because unemployment creates financial instability and barriers to access including insurance coverage, health services, healthy food, and other necessities that contribute to poor health status.
Report Area Labor Force Number Employed Number Unemployed Unemployment Rate
Franklin County, PA 80,033 76,000 4,033 5
Pennsylvania 6,536,435 6,179,207 357,228 5.5
United States 159,938,718 152,603,936 7,334,782 4.6
Note: This Indicator is compared with the state average. Green - Better than state average, Red - Worse than state average.
Data Source: US Department of Labor, Bureau of Labor Statistics. 2016 - May. Source geography: County

Average Monthly Unemployment Rate, May 2015 - May 2016
Report Area May 2015 June 2015 July 2015 August 2015 Sept. 2015 Oct. 2015 Nov. 2015 Dec. 2015 Jan. 2016 Feb. 2016 Mar. 2016 April 2016 May 2016
Franklin County, PA 4.9 5 5.2 4.8 4.3 4.3 4.2 3.8 4.8 4.9 5.1 4.8 5
Pennsylvania 5.5 5.5 5.8 5.3 4.6 4.4 4.4 4.1 5.2 5.3 5.5 5.2 5.5
United States 5.3 5.5 5.6 5.2 4.9 4.8 4.8 4.8 5.3 5.2 5.1 4.7 4.5
Average Annual Unemployment Rate, 2005 - 2015
Report Area 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Franklin County, PA 3.4 3.3 3.4 4.3 8 8.5 7.3 7 6.6 5.5 4.8
Pennsylvania 5 4.5 4.4 5.3 7.9 8.5 7.9 7.8 7.4 5.9 5.1
United States 5.2 4.7 4.7 5.8 9.3 9.7 9 8.1 7.4 6.2 5.3
Website Updated August 2016

Unemployment Rate

Data Background

The Bureau of Labor Statistics (BLS) is the principal Federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy. Its mission is to collect, analyze, and disseminate essential economic information to support public and private decision-making. As an independent statistical agency, BLS serves its diverse user communities by providing products and services that are objective, timely, accurate, and relevant.

Methodology

Unemployment statistics are downloaded from the US Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics (LAUS) database. The LAUS is dataset consists of modelled unemployment estimates. It is described by the BLS as follows:


The concepts and definitions underlying LAUS data come from the Current Population Survey (CPS), the household survey that is the official measure of the labor force for the nation. State monthly model estimates are controlled in "real time" to sum to national monthly labor force estimates from the CPS. These models combine current and historical data from the CPS, the Current Employment Statistics (CES) program, and State unemployment insurance (UI) systems. Estimates for seven large areas and their respective balances of State are also model-based. Estimates for the remainder of the sub-state labor market areas are produced through a building-block approach known as the "Handbook method." This procedure also uses data from several sources, including the CPS, the CES program, State UI systems, and the decennial census, to create estimates that are adjusted to the statewide measures of employment and unemployment. Below the labor market area level, estimates are prepared using disaggregation techniques based on inputs from the decennial census, annual population estimates, and current UI data.

From the LAUS estimates, unemployment is recalculated as follows:
Unemployment Rate = [Total Unemployed] / [Total Labor Force] * 100

For more information, please visit the Bureau of Labor Statistics Local Area Unemployment Statistics web page.

Notes

Race and Ethnicity
Statistics by race and ethnicity are not provided for this indicator from the data source. Detailed race/ethnicity data may be available at a broader geographic level, or from a local source.

Courtesy: Community Commons, <www.communitycommons.org>, August 2016