One follow-up to the news Monday on the (fractional) uptick in the local unemployment rate. The story that still does not seem to want to resonate is what is happening to the unemployment rate within the region. You can read the states PR
and see that there was an uptick in the unemployment rate for City of
Pittsburgh residents from 6.9 to 7.2% for May and June respectively. For an urban core are that still remains pretty remarkable. The comparable unemployment rate number for the City of
Detroit is up to 28.2% for June, or just under 4 times
what is is for Pittsburgh. It's basically a debilitating number no matter how you look at it. I have mentioned in the past
that Beaver County locally peaked at 28% unemployment in the early 1980's. But I don't think anyone has written much on the city-angle or other intra-regional aspects to all of this.
The highest unemployment rates in the region are going back to the regions often hardest hit during periods of either boom or bust. Both Fayette and Armstrong Counties are pushing close to 10% unemployment.
and speaking of employment in the city proper... I would love to hear if anyone has any anecdotal insights into whether the imminent casino opening is having an impact locally. By that I don't just mean whether local folks are getting some of the jobs, but I was wondering if other local firms have noticed an impact on their hiring based on the hiring the casino has been doing of late.