Members: 114,245 - 620 Online Now  Login
 
This excerpt taken from the NWREporter February 2007 will give you a picture of the healthy workforce and economy that Washington is currently ejoying.  This means we need more affordable housing in our local areas so that people can live in the towns in which they work thus stopping congestion on the freeways.  "A HOME IS WHERE A JOB GOES AT NIGH".  See my post regarding attending Hill Day in Olympia to fight for this

Washington employers continued adding jobs in November, while an increase in the number of people looking for work caused the unemployment rate to rise slightly to 5 percent, according to the Employment Security Department.

The seasonally adjusted unemployment rate rose from 4.8 percent in October.  At the same time, Washington employers added 4,900 nonfarm jobs (seasonally adjusted). 

Washington's unemployment rate for the first 11 months of 2006 was 4.9 percent, which is the lowest annual average rate in the state since 1999.

"This has been a great year on Washington's job front," said Governor Chris Gregoire. "Our unemployment rate remains low, which indicates that our citizens are competing well for the thousands of new jobs that our employers are creating."

Professional and business services continued to see gains, with 1,900 new jobs over the month.  Manufacturing added 1,600 new jobs; transportation, warehousing and utilities added 1,300; and construction added 600 jobs.

Industries with the largest declines were retail trade, with 800 fewer jobs, leisure and hospitality, minus 400, and natural resources, down 100. 

"The job numbers show a lot of strength and optimism in the economy," said Employment Security Commissioner Karen Lee.  "The number of jobs has grown in every month this year, and job seekers keep snatching them up."

On a yearly comparison, more than 88,500 net new jobs were created in Washington from November 2005 to November 2006.  Since November 2005, non-farm job growth in the state was 3.2 percent, compared to a national rate of 1.3 percent.

An estimated 166,251 people (not seasonally adjusted) currently are unemployed and seeking work in Washington.

 
This post has been included in Washington Information

0 Comments on State's Job Numbers Show Strength

Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Agent: Karen Villa Schweinfurth, ABR, CRS, SRES,  CyberStar (RE/MAX Northwest Realtors, Inc.)
Karen Villa Schweinfurth, ABR, CRS, SRES, CyberStar
Everett, WA
More about me…
RE/MAX Northwest Realtors, Inc.

Office Phone: (425) 308-3669
Cell Phone: (425) 308-3669
Email Me
Call Karen: 425-308-3669 for ALL your Real Estate Needs Specializing in N. King and Snohomish Counties. Click to Talk to Karen A  Schweinfurth

Links

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find WA real estate agents and Everett real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved