State unemployment rate lowest in 6 years

OLYMPIA — Washington state officials said Wednesday that the state’s unemployment rate fell to 5.8 percent last month, the lowest it has been in six years.

Numbers released Wednesday by the state’s Employment Security Department show that June’s jobless rate was down from May’s rate of 6.1 percent. The state also added an estimated 9,100 jobs in May.

“The state’s economy is picking up momentum and the near term job outlook is good,” said Paul Turek, an economist with the department.

Washington’s unemployment rate sits below the national rate of 6.1 percent for June. The unemployment rate in the Everett-Seattle-Bellevue area dropped to 4.8 percent from May’s rate of 5 percent.

The largest job increases were seen in education and health services, which saw a surge of 2,600 jobs last month; retail trade, which was up 2,200 jobs and leisure and hospitality, which increased by 1,900 jobs. Other sectors that saw increases include wholesale trade, professional and business services, and information.

“Employment gains were broad and spread through all major industry sectors,” Turek wrote.

The biggest decrease was seen in government, which saw a drop of 1,400 jobs, while construction and manufacturing each lost about 400 jobs.

Nearly 85,000 jobs have been added in the state over a one-year period ending in June, officials said.

Two different surveys are used to calculate unemployment figures and job losses and gains. The unemployment rate represents the percentage of the labor force that is unemployed and actively looking for work. People who have stopped looking for work aren’t counted. The job gains and losses estimates are based on a U.S. Bureau of Labor Statistics survey of businesses.

An estimated 201,000 people were looking for work in the state, including more than 70,000 who claimed unemployment benefits in June.

Online:

http://1.usa.gov/1c1ioz6

More in Herald Business Journal

Disney buying large part of 21st Century Fox in $52.4B deal

Before the buyout, 21st Century Fox will spin off the Fox network, stations and cable channels.

For modern women, 98-year-old rejection letters still sting

In a stark new video, female Boeing engineers break the silence about past inopportunity.

Angel of the Winds pays $3.4M for Everett arena naming rights

The casino replaces Xfinity as the lead sponsor for the publicly owned downtown Everett events center.

Delta orders 100 Airbus A321neo jets valued at $12.7 billion

Boeing had hoped to land the deal, offering comparable 737s.

Tulalips break ground on new Quil Ceda Creek Casino Hotel

A 150-room hotel was added to what is now a $140 million complex expected to open in spring 2019.

What can be learned from the optimism of Churchill, Elon Musk

A new movie, “The Dark Years,” depicts Winston Churchill during the perilous… Continue reading

Providence Hospital in Everett at sunset Monday night. Officials Providence St. Joseph Health Ascension Health reportedly are discussing a merger that would create a chain of hospitals, including Providence Regional Medical Center Everett, plus clinics and medical care centers in 26 states spanning both coasts. (Kevin Clark / The Daily Herald)
Merger would make Providence part of health care behemoth

Providence St. Joseph Health and Ascension Health are said to be talking. Swedish would also be affected.

Teddy, an English bulldog, models Zentek Clothing’s heat regulating dog jacket. (Ian Terry / The Herald)
Everett clothing company keeps your dog cool and stylish

Zentek uses space-age fabrics to moderate the temperature of pets and now humans.

Bombardier promotes its C Series airliner as American made

It says more than half its all-new jet is made in US factories with final assembly near Montreal.

Most Read