State jobless rate still at 7.5%

OLYMPIA — Washington gained 4,000 jobs in February and unemployment rate remained unchanged at 7.5 percent, new numbers released Wednesday show.

Economists with the state Employment Security Department said that overall, the state has added about 65,000 jobs over the past year, regaining about 70 percent of the more than 200,000 jobs lost during the recession.

“February was relatively uneventful,” department economist Anneliese Vance-Sherman said in a news release. “The job growth was close to the monthly average for the past year, with no big surprises.”

The unemployment rate in Washington state in February 2012 was 8.4 percent.

Industries that saw the most growth included education and health services, up 3,000 jobs, manufacturing, up 2,900 and professional and business services, which gained 1,200 jobs.

Construction saw a loss of 3,600 jobs, leisure and hospitality, was down 1,100 and transportation, warehousing and utilities lost 400.

Earlier this month, state economists reported that new numbers showed the state gained 24,100 jobs for the month of January, a number they expected would later be revised down. But Wednesday’s report revised that number up to 24,200 jobs.

The national unemployment rate for February was 7.7 percent.

An estimated 259,100 people in Washington were unemployed and looking for work in February, including nearly 140,000 who claimed unemployment benefits.

More than 3,300 unemployed workers ran out of unemployment benefits last month. A total of 132,165 people have exhausted their benefits since extended benefits were activated in July 2008.

More in Herald Business Journal

As expected, 92 to be laid off by Stanwood’s Twin City Foods

The frozen-vegetables processor announced last year it was moving all operations to Pasco.

Mother-in-law homes popular after cities ease restrictions

Lynnwood and Everett are seeing a spurt of growth after changing city codes to allow for this development.

Boeing CEO Muilenburg’s total compensation rose to $18.5M

That’s up from just over $15 million a year earlier. It includes the value of stock awards in 2017.

Breaking up with Facebook? It’s harder than it looks

There’s just one problem: There isn’t much of anywhere else to go.

Rising household debt casts shade on sunny economy

Real estate and the stock market are vulnerable to bubbles, while debt requires monthly payments.

Facebook data whistleblower: ‘Fake news to the next level’

Cambridge Analytica used created an information cocoon to change their perceptions, he says.

Facebook drags technology companies down as stocks slide

The company’s stock fell after reports that a data firm improperly obtained data on 50 million users.

Claire’s, the ear-piercing mall chain, files for bankruptcy

It’s the latest retailer to seek bankruptcy protection, close stores or go out of business entirely.

Most Read