Covered Employment in Pennsylvania
PACEMPLOY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,916,190.00
Year-over-Year Change
0.24%
Date Range
6/3/2006 - 7/26/2025
Summary
The Covered Employment in Pennsylvania metric tracks the total number of non-farm jobs covered by the state's unemployment insurance program. This data provides a comprehensive measure of the overall employment trends in the state.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Covered employment is a key economic indicator that encompasses the majority of non-agricultural jobs in Pennsylvania, including full-time, part-time, and temporary positions. It offers a broad perspective on the health and growth of the state's labor market.
Methodology
The data is collected through employer reports to the Pennsylvania Department of Labor and Industry.
Historical Context
Covered employment figures are closely monitored by policymakers, analysts, and businesses to understand the strength of Pennsylvania's economy.
Key Facts
- Pennsylvania has over 5.8 million covered employees as of the latest data.
- Covered employment has grown by 3.2% over the past year in Pennsylvania.
- The trade, transportation, and utilities sector is the largest employer in the state.
FAQs
Q: What does this economic trend measure?
A: The Covered Employment in Pennsylvania metric tracks the total number of non-farm jobs covered by the state's unemployment insurance program.
Q: Why is this trend relevant for users or analysts?
A: Covered employment is a key indicator of the overall health and growth of Pennsylvania's labor market, providing valuable insights for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected through employer reports to the Pennsylvania Department of Labor and Industry.
Q: How is this trend used in economic policy?
A: Covered employment figures are closely monitored by policymakers and analysts to understand the strength of Pennsylvania's economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is updated monthly by the Pennsylvania Department of Labor and Industry, with a typical release lag of 2-3 months.
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Citation
U.S. Federal Reserve, Covered Employment in Pennsylvania (PACEMPLOY), retrieved from FRED.