Languishing. That’s the best word to describe Pittsburgh’s continuing high vacancy rate for office space in its central business district (CBD), concludes an analysis by the Allegheny Institute for Public Policy. “The data for 2021’s fourth quarter shows scant improvement in the city’s office market as the pandemic continues its
The Pennsylvania economy needs more than a jump-start. The October unemployment report shows that the state’s economic engine just doesn’t have the horsepower it did a few years ago. While October’s jobless numbers fell to 5.9% for the first time since April 2020, that doesn’t mean that it is getting
The Pittsburgh region’s unemployment rate in October fell below 6% for the first time since the pandemic took hold of the economy in April 2020, a combination of more jobs being filled and, once again, fewer people in the labor force. “It’s just as if the economy is stuck in
The Pittsburgh region had 10,000 fewer workers in September than a year ago, despite the availability of the covid vaccine, employers offering higher wages and the federal government eliminating extra jobless benefits. The seven-county region saw the labor force decrease to 1.16 million workers in September, a drop of 13,600
The Pittsburgh region had 10,000 fewer workers in September than a year ago, despite the availability of the covid vaccine, employers offering higher wages and the federal government eliminating extra jobless benefits. The seven-county region saw the labor force decrease to 1.16 million workers in September, a drop of 13,600