Aug 16, 201704:54 PMBlog
State’s jobs picture clear & strong
For the third consecutive month, Washington state’s seasonally-adjusted unemployment rate held steady at 4.5 percent in July.
Employers in the state added 1,600 new non-farm jobs through the month as the state’s labor force rose by 13,100 in July to 3.7 million. Within the Seattle/Bellevue/Everett region, there were 3,700 fewer persons counted in the available labor force.
“The good economic news continues in Washington,” says Paul Turek, Ph.D., economist for the state Employment Security Department. “Unemployment is at a record low and businesses continue to add jobs. Plus, newly released data shows early year hiring was much stronger than originally thought.”
In July, private sector employment decreased by 3,700, but government hiring was up by 5,300 jobs – the greatest growth sector of all. Education and Health services grew 2,000 new jobs with 700 additional retail trade positions.
Leisure and hospitality, plus other services saw the biggest reductions, losing 2,600 and 1,600 jobs respectively. There were also 1,300 fewer workers in construction, manufacturing eliminated 1,000 positions, and transportation, warehousing and utilities trimmed 400.
Year-over-year from July 2016, the state estimated 85,200 new jobs created, with 67,900 new positions in the private sector and the public sector (government) adding 17,300 for 3.1 percent growth.
You can see for yourself what is the jobs picture for any local county and by occupational sector at this link. Fortunately, there is also a video tutorial to help understand the statistics.