Pittsburgh's average weekly wages for the 3rd quarter of 2014 were $947, an increase of 2.5 percent over the same period last year. The region's average weekly wages were below the benchmark average of $980.
The Pittsburgh region continues to experience dramatically fewer bankruptcies than its benchmark peers. With 1,747 bankruptcies in the first quarter of 2015, Pittsburgh is lower than all benchmark regions except Charlottle, and less than the benchmark average of 3,446.
Local unemployment increased in March by 0.1 percentage points, from 5.2 percent in February 2015 to 5.3 percent in March 2015. Within the region, Butler County had the lowest unemployment rate at 4.5 percent, while Fayette County held the highest rate at 7.5 percent.
Pittsburgh Today & Tomorrow 2015
PittsburghTODAY is excited to announce the publication of Pittsburgh Today & Tomorrow 2015. In this annual report, we asses how Pittsburgh is doing compared with 14 other regions in 11 categories and examine key issues affecting Pittsburgh.
Behind the Times: The Limited Role of Minorities in the Greater Pittsburgh Workforce
The southwestern Pennsylvania workforce is lacking in diversity by almost any measure. And the discrepancies seen in labor force participation, the type of jobs minority workers hold and the incomes they earn are issues with implications for the region’s economy, businesses and citizens.
Southwestern Pennsylvania looks to be in solid economic shape for 2015, according to PNC Financial Services Group's chief economist Stuart Hoffman. Employment is holding near all-time highs, and an historic low unemployment rate of 4.1 percent may be in sight for the seven-county region in 2016.
Older adults are growing in number and influence across the region and the nation. See the new report this new report to learn about the demographic phenomenon that has profound implications for everyone in southwestern Pennsylvania.
Despite marked improvement in air quality, the Pittsburgh region still ranks among the most polluted in the nation. This PittsburghTODAY special report looks at whether we've grown tolerant of substandard air and asks the question: Is better good enough?