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From PR Newswire: Government and Policy:
Despite rising to 4.8 percent, the state's unemployment rate remains lower than the national rate.
Because of national economic uncertainty, Governor Rendell emphasized the need for the state to provide targeted economic stimulus now.
"Since January 2007, we have added a net total of 23,400 jobs --185,700 jobs since I took office," Governor Rendell said.
"While Pennsylvania's economic picture has been a positive one thus far, we do have concerns about the national economy and the negative impact it may have on our future growth.
"That is why I proposed an economic stimulus plan to the General Assembly earlier this month that will protect Pennsylvania's progress.
Governor Rendell's $2.3 billion "Protecting Our Progress" economic stimulus package focuses on investing in Pennsylvania's infrastructure, communities and citizens to create jobs and continue to grow the state's economy.
-- Extending the Keystone Opportunity Zone program to encourage the development of underutilized land and buildings.
"My fiscally responsible budget proposal and Protecting Our Progress initiatives are part of my commitment to improve the lives of individuals and families so we can provide a better future for our children.
The Rendell administration is committed to creating a first-rate public education system, protecting our most vulnerable citizens and continuing economic investment to support our communities and businesses.
It is a monthly survey of employers conducted by L&I's Center for Workforce Information & Analysis in conjunction with the U.S. Bureau of Labor Statistics, reaching about 18,000 businesses.
It is a monthly household survey conducted by the U.S. Bureau of Labor Statistics, reaching about 2,500 households in Pennsylvania.
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Posted on February 28, 2008 8:34 PM
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