Published: Tuesday, November 17, 2009
County unemployment in October at 10.2 percent
Unemployment in Snohomish County climbed to a sobering 10.2 percent in October, nearly a percentage point above the Washington state average.
The statewide seasonally adjusted unemployment rate increased to 9.3 percent in October, up from a revised rate of 9.1 percent the month before, according to data from the state Employment Security Department.
The state lost an estimated 5,100 non-agricultural jobs in October.
Year over year, Washington had 120,000 fewer jobs last month than in October 2008 -- a 4.1 percent decrease. Nationally, employment declined by 4 percent over the past year.
Snohomish County's rate, not yet seasonally adjusted, comes closer to doubling the 5.9 unemployment rate the county saw in October of 2008.
Statewide, nearly 311,000 people were looking for work in October, according to data released Tuesday. Nearly 229,000 people received unemployment benefits from the state that month.
The presidents of the regional federal banks in San Francisco and Atlanta warned last week that jobs won't likely rebound for several years, due to the nation's slow crawl out of recession. Slight net job gains are expected to occur in 2010.
The statewide seasonally adjusted unemployment rate increased to 9.3 percent in October, up from a revised rate of 9.1 percent the month before, according to data from the state Employment Security Department.
The state lost an estimated 5,100 non-agricultural jobs in October.
Year over year, Washington had 120,000 fewer jobs last month than in October 2008 -- a 4.1 percent decrease. Nationally, employment declined by 4 percent over the past year.
Snohomish County's rate, not yet seasonally adjusted, comes closer to doubling the 5.9 unemployment rate the county saw in October of 2008.
Statewide, nearly 311,000 people were looking for work in October, according to data released Tuesday. Nearly 229,000 people received unemployment benefits from the state that month.
The presidents of the regional federal banks in San Francisco and Atlanta warned last week that jobs won't likely rebound for several years, due to the nation's slow crawl out of recession. Slight net job gains are expected to occur in 2010.
Story tags »
• Jobs • Unemployment • Snohomish County • BusinessInsider storiesRelated
- The economic forecast for Snohomish County 2/15/12
- Business climate for the week of Feb. 15 2/15/12
- Check This Out: "Can We Create Banks We Love?" 2/15/12
- Economic summit for Granite Falls 2/15/12
- Female Entrepreneurs’ Business Network and Resource Fair 2/15/12
- A $25.6 million Paine Field facility for Dreamlifters? 2/14/12
- Make a strategic plan for commercial property landscape 2/14/12
- Keeping division in Everett was best for ATS, company officials say 2/14/12
- Lack of funding delays fancy Everett hotel 2/14/12
- Business climate for the week of Feb. 8 2/8/12
- Arlington business to business networking luncheon 2/8/12
- Check This Out: "Continental Breakup" 2/8/12
- Join a live webcast on pension plan changes 2/8/12
- Immigration compliance training for employers 2/8/12
- Boeing, Airbus make their cases at aerospace conference 2/8/12
- Northwest Hardwoods mill in Arlington closes 2/8/12
- Upbeat report on aerospace defense sector 2/7/12
- Housing trend continues: Sales up, prices down 2/6/12
- Manage email on multiple devices with IMAP 2/2/12
- Lighting analyst helps businesses boost bottom lines 2/2/12
Comments
(
