The Pennsylvania Department of Labor & Industry released its preliminary employment situation report for October 2023.

The unemployment rate was unchanged over the month, remaining at the record low of 3.4% in October (records date back to January 1976). The U.S. rate was up one-tenth of a percentage point from September to 3.9%. The rate was one percentage point below its October 2022 level of 4.4%, while the national rate was up two-tenths of a percentage point over the year.

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