State jobless rate drops to 6.4%

SEATTLE — Washington state’s unemployment rate is 6.4 percent, the lowest it has been in more than five years.

The state Employment Security Department said Wednesday that Washington added 3,800 jobs between December and January. Washington’s unemployment rate is below the national rate of 6.6 percent for January. Washington’s adjusted rate for December was 6.7 percent.

State officials say the strongest growth was in private sector jobs. Over the past year, the private sector has added 58,700 jobs, while government jobs have grown by an estimated 2,700 jobs.

The January 2013 unemployment in Washington was 7.3 percent.

Washington’s unemployment rate rose as high as 10.2 percent at the start of 2010 but has been falling steadily ever since. The state says some 222,000 people are still looking for work.

State officials say the unemployment rate in the Seattle-Bellevue-Everett area of Western Washington has dropped to 5.2 percent.

More in Herald Business Journal

Get ready for the era of hypersonic flight — at Mach 5

The Pentagon sees hypersonic weaponry as a potential game changer.

Safe saves Everett Office Furniture’s future after fire

The business was able to reopen because vital paperwork was preserved.

Why real estate investors are watching self-driving cars closely

With decisions on real estate made years in advance, could self-driving cars change how we live?

More than 60 Boeing 737s per month: Can suppliers keep up?

There was lots of talk this week about the prudence and pressures of soaring production rates.

Developer proposes an 18-story building in Lynnwood

It would be the second-tallest in the county and include apartments with retail space.

Snohomish County business licenses

PLEASE NOTE: Business license information is obtained monthly from the Washington Secretary… Continue reading

New Everett mayor speaks out about business in city, region

Q&A: Cassie Franklin on what can be done to get Boeing to build the 797 here and attract new industries.

Aerospace analyst explains how he’ll help state’s Boeing bid

Richard Aboulafia will deliver a report on Washington’s strengths and weaknesses in landing the 797.

Air passenger traffic growing faster than airplane capacity

“Our customers are in a good place,” a Boeing marketing executive says of the airlines.

Most Read