Allegheny County's unemployment rate ought to be noted as well. Down a full half a percentage point to 6.3% for October. Can it go lower? Of course, but by an absolute measure close to 6% unemployment is actually just plain low.. not low compared to the nation. The average unemployment rate in the Pittsburgh region over the last 40 years, which includes some good and some very bad times of course, is a tad over 6.6%.
Let's update my graphic of the relative unemployment rate. Not quite the absolute record, but still rare territory for the region. Important because relative measures like this are often strong indicators of regional migration patterns. More data on that hopefully coming this month. So hang on.