recession

Economy
1:33 pm
Wed March 5, 2014

Washington Recoups Great Recession Job Losses, With Caveat

File image
Mary Altaffer AP Photo

It took four years, but Washington has now recovered more jobs than it lost during the Great Recession. But Wednesday’s announcement comes with a caveat.

Read more
Politics
5:00 am
Tue December 4, 2012

Tacoma residents face cuts to everything from library hours to fire service

Tacoma’s City Council will vote this afternoon to slash the city budget by 15 percent - with cuts to pretty much everything, including the police and fire departments.

City Manager T.C. Broadnax took the job in February from San Antonio, Texas. He says he knew Tacoma had some cutting to do – but as he dug into the numbers, he realized spending was deeply out of whack and anticipated revenue was not there.

The housing slump continues to hurt property tax revenue,and  money from sales tax hasn’t bounced back. Broadnax says Tacoma had been trying to put off cuts for years.

Read more
Food Insecurity
4:42 pm
Thu September 6, 2012

Recession drives up hunger in Washington

A Tukwila food pantry stocks its tables. Emergency food providers say demand is up since the recession.
USDAgov Flickr

The recession has brought a major spike in the number of Washington families who experience hunger, according to data from advocates and federal officials. Hunger has gone up all over the country, but the U.S. Department of Agriculture finds that Washington has fared worse than the country overall.

Read more
Effects of Recession
9:41 am
Thu December 8, 2011

Default ‘trouble’ spreads beyond Washington's ‘river city’

  • An error occurred ingesting this audio file to NPR

For the first time in nearly a decade, a Washington municipality has defaulted on a loan. The Greater Wenatchee Public Facilities District operates Town Toyota Center near the banks of the Columbia River. It missed a major bond payment on December 1st. Now the Washington legislature is debating whether to step in.

Read more
Record Bin Roulette
4:00 am
Thu August 18, 2011

Chime in as we sing away the recession!

Please, sir, I want some more.
wikimedia

Things are so bad, a picture is now only worth 200 words. People are using the sun to get a tan. Everyone is downsizing — CEOs are even playing miniature golf.

Recession has us in depression, and we are certainly not going to let a good crisis go to waste, hence this week’s episode on songs about hard times ...

Read more
The Digital Future
5:00 am
Tue July 26, 2011

Technology continues to lead the economy

PC sales growth may be slowing down, but sales of iPads and other tablets are booming.
Daniel Bogan flickr.com

Economists say the recession ended in June, 2009, but for many of us, it’s hard to tell the difference. Unemployment remains high and the economy is growing slowly.

This month on "The Digital Future," Strategic News Service publisher Mark Anderson and KPLU’s Dave Meyer look at the bright spot of the economy:  the technology sector.

Read more
High Fuel Prices
10:45 am
Wed June 1, 2011

Snohomish County airports note decline in aviation

General aviation airports in Snohomish County, like Harvey Field, have seen a decline in the number of private aircraft flights due to a lingering recession and high fuel prices.
Courtesy of Harvey Field

In the past decade the number of takeoffs and landings at Paine Field has dropped by nearly half.

The Snohomish County airport at Everett serves Boeing and aircraft maintenance businesses. But, most of the decline is among small private aircraft.

Read more
ECONOMIC RECOVERY
2:30 pm
Wed May 18, 2011

Washington state jobless rate drops to 9.1 percent

Job-seeker Julian Richards fills out an employment application during a job fair in Tacoma in April. Washington state has added over 41,000 jobs in the past year.
Ted S. Warren AP

Washington's jobless rate is down to 9.1 percent after the state added an estimated 5,800 jobs in April.

Read more