Pennsylvania’s unemployment figures rose substantially in August, although the number of jobless workers in the nation overall was still higher. “We’re finally feeling the effects of the weakening national economy,” Troy Thompson, a spokesman for the PA Department of Labor & Industry reported. Pennsylvania’s seasonally adjusted unemployment rate rose four tenths of a percentage points in August to 5.8
The Pittsburgh Metro Area figures reflected the statewide trend. In April of this year, local unemployment stood at 4.5 percent. In July, the last month for which figures were available, the rate was 5.3 percent. With widespread anxiety over the nation’s financial institutions, those figures could rise during the last quarter of 2008. The statistics do not reflect the many unemployed persons who have quit looking for work.