The state jobs data are remarkable and stark. Pennsylvania has gone from leading the nation in job creation to being a job destroying machine. Pennsylvania ranks among the 10 worst states for job creation for the last 6 months.
Pennsylvania's recent terrible economic performance is a dramatic reversal, because Pennsylvania ranked among the top 10 states for job creation prior to April 2011. Here are the dramatic facts for the last 12 months when the Commonwealth went from good to ugly from the Pennsylvania Department of Labor and Industry..
Pennsylvania's economy was humming until April, 2011, creating 72,000 jobs from September 2010 to March 2011 or about 12,000 per month. But in April and May the state's economy hit a brick wall and has been shedding thousands of jobs ever since.
Pennsylvania lost 24,000 jobs from April to September 2011 or about 4,000 per month in the last 6 months.
All the job losses mean that Pennsylvania's unemployment rate has now jumped from 7.4% in April to 8.3% in September. Our unemployment rate had been steadily decreasing until April.
Pennsylvania's economic performance over the last 6 months is remarkably bad, especially given two other factors. The nation's economy grew 2.5% in the third quarter and had positive job growth for the period, and the gas boom in Pennsylvania is creating thousands of jobs.
National economic growth and the Marcellus job boom was not enough to overcome the profound economic and budget mistakes made in Harrisburg.