May 23, 201704:45 PMBlog

Unemployed rates keep falling

May 23, 2017 - 04:45 PM
Unemployed rates keep falling

Washington state's unemployment rate in April (orange line) remains slightly higher than the national and well above the Seattle area rate, even though South Sound reports are better than they've been in almost 10 years.

The April unemployment rate in greater Tacoma-Pierce County reported today by state labor analysts was 5.3 percent on the non-seasonally adjusted basis. This is the lowest reported monthly jobless rate since December 2007.

Thurston County’s 4.8 percent unemployment last month is similarly the lowest reported there since November 2007. 

Lewis County at 6.7 percent in April 2017 and Mason County with 6.6 percent remain well above the statewide 4.6 percent tally, but also haven’t been better in a long, long time. Reach back to October 2006 for a better number in the Centralia-Chehalis market and November 2007 for the Shelton market.

New jobs creation continues to be the predominant influence on falling unemployment rates, as calculated from federal Bureau of Labor Statistics data. Just in last month, the private sector lost 700 jobs in Washington while there were 1,900 government positions filled, for a net gain of 1,200 hirings. 

Compared to one year ago, April 2016, there are 76,500 more Washington residents working, 80 percent of those in the private sector. The number of state residents classified as Unemployed last month is down by almost 31,000 persons.

You can read through more details of today’s unemployment report at this link.

            

Edit Module
Advertisement
Edit Module
Advertisement

About This Blog

Follow our blog for all the latest in local business news. To get the top local business news, subscribe to Daily Biz Briefs email newsletter. As a reader of this FREE email you get breaking business news each business day afternoon delivered right to your email inbox.

 

Feed

Atom Feed Subscribe to the Blog Feed »

Recent Posts

Archives

Categories