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Economic Pulse: Week of 5/10/24

Employment in the Valley is at 397,000, a record high.

According to the Pennsylvania Department of Labor and Industry, payroll employment in the Lehigh Valley reached a record high of a seasonally adjusted 397,000 in March, the highest ever. The unemployment rate has dropped to 3.6%, and in its 20th month, below 4% for the Valley, the range that is considered as full employment.

Click here for the latest Lehigh Valley Economic Review.

Listen to Economic Pulse Fridays at 5:44 PM during All Things Considered; Mondays at 7:30 AM during Morning Edition.

(Original air-date: 5/10/24)

Dr. Kamran Afshar has a Ph.D. in Economics and has taught at graduate and under graduate levels between 1978-88. He has vast experience in economic impact studies, feasibility studies, customer satisfaction surveys, and scientific competitive analysis.
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