Connect with Us
Podcasts & RSS Feeds
| All Content |
| RSS |
| View all podcasts & RSS feeds | ||
Most Active Stories
- Mystery man revealed : The daredevil behind the lens
- Skagit Valley eatery goes for the laughs to attract business
- Watch: Seattle Public Library tries to break record for longest book-domino chain
- North Cascades Nat'l Park named one of 10 'hidden gems' in U.S.
- Epiphany! Make an iceberg-blue cheese layer cake
News & Music Contributors
Washington's Economy
State's jobless rate drops slightly
Unemployment ticked downward in Washington state in February as hiring picked up. The changes were small, but the job market seems to have “turned the corner,” according to the State's Employment Security department.
Washington's chief labor economist Dave Wallace, spoke about the fresh data released Tuesday. Wallace says the hard-hit construction industry showed surprisingly strong gains regionally and nationally:
"One of the things to remember about this sector, having been down so far, it’s got a lot of ground to make up. So that might be part of it. It could also be remodeling and foreclosures and so forth, but we really don’t know exactly where it’s coming from."
Wallace says the February unemployment rate in Washington state was 9.1%., which is 0.1% lower than January's revised rate.
In Oregon, where the unemployment rate is higher, the jobless rate dipped 0.2% to settle at 10.2%. The nudge downward makes Oregon’s jobless rate the lowest it has been in two years.
