Wednesday, January 1, 2020

LSWIB 2019 Report on County Workforce Trends

LSWIB Logo image: careerlinkwilkesbarre.org

Alongside his work as a certified public accountant, Larry Wittig has led several boards for Tamaqua-based organizations associated with education and workforce development. Larry Wittig previously served as the chairman of the Luzerne-Schuylkill Workforce Investment Board (LSWIB).

For the past two years, the LSWIB has published an indicator report covering trends in regional population growth, housing, and the economy. The latest report revealed that the region has made a slight recovery since the Great Recession. Driven by retirees leaving the workforce, unemployment has decreased and available jobs have increased.

The unemployment rate in Luzerne County dropped by nearly half from just under 10 percent in 2010 to 5.4 percent eight years later. Between 2013 and 2017, job growth began to outpace population growth, which contributes to more work opportunities and a tight labor market. In Luzerne County, job growth was concentrated in six industries, including transportation, finance, and real estate.