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Key Indicators for Understanding Our Region

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Economy / Employment and Unemployment

The Pittsburgh Metro Area's seasonally adjusted unemployment rate declined to 5 percent in October 2014 -- down .2 percentage points from September 2014 and 1.4 percentage points lower than the October 2013 rate. Pittsburgh's jobless rate was lower than the benchmark average and Pittsburgh had the 4th lowest unemployment rate of all benchmark peers.

This data comes from the U.S. Department of Labor's Local Area Unemployment Statistics (LAUS) program.

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Data source(s):

Bureau of Labor Statistics

MSA These figures are for U.S. Metropolitan Statistical Areas (MSA).

Current month data are preliminary. All data are seasonally adjusted figures.

The unemployment rate measures the share of workers in the labor force who do not currently have a job but have actively looked for work in the past four weeks. Receiving benefits from the Unemployment Insurance program has no bearing on whether a person is classified as unemployed. It is important to keep in mind that the rate measures the percent of unemployed job seekers in the labor force—the sum of employed and unemployed persons—and not the entire population.