Lehigh Valley workers were hit harder by the recession and recovered more slowly from the damage than those in many comparable urban areas.
That finding and a slew of others are included in the fifth annual State of the Lehigh Valley research study that was rolled out Thursday at Lehigh University by the Lehigh Valley Research Consortium and Renew Lehigh Valley.
Researchers Christopher Ruebeck and Jamila Bookwala, who led the presentation, ran down regional employment figures between 2006 and 2012, finding that the Lehigh Valley’s job market held its own prior to the recession, comparing favorably with similar metro areas, with the nation as a whole and with our neighbors in New Jersey.
But the Valley’s unemployment rate rose more than comparable metro areas during the Great Recession, and those jobs have come back more slowly than in many comparable areas or the state or nation as a whole.
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