Washington State Employment Security Department announcement.
Washington’s economy added 12,800 jobs in November. Between October and November, the preliminary seasonally adjusted monthly unemployment rate fell 4.7 percent.
“A sizeable jump in household employment this month was mostly responsible for pushing down the state unemployment rate,” said the Employment Security Department’s (ESD) Economist Paul Turek. “Additionally, the increase in payroll employment in November helped offset the disappointing downward revision to October’s numbers.”
The Monthly Employment Report also includes:
- Preliminary job estimates for November from the federal Bureau of Labor Statistics.
- Confirmation of the preliminary 5.0 unemployment rate for October.
- An adjustment to preliminary jobs data for October, with the preliminary estimated gain of 6,300 jobs revised to a loss of 500 jobs. The revised estimate represents a more accurate picture of developments in the job market for October by including additional information that was not available at the time of the previous month’s release.
ESD paid unemployment insurance benefits to 51,360 people in November, a decrease of 7,638 over the previous month.
National unemployment rate
The national unemployment rate dropped from 4.6 percent in October to the preliminary rate of 4.2 percent in November. For comparison, the national unemployment rate (revised) for November 2020 was 6.7 percent.
State labor force increases while unemployment continues to decrease
The state’s labor force in November was 3,936,700 – an increase of 1,700 people from the previous month. Labor force is defined as the total number of people, both employed and unemployed, over the age of 16. In the Seattle/Bellevue/Everett region, the labor force decreased by 6,900 over the same period. From November 2020 to November 2021, the state’s labor force increased by 93,700 while the Seattle/Bellevue/Everett region increased by 11,300.
From October to November, the number of people who were unemployed statewide decreased from 198,100 to 184,600. In the Seattle/Bellevue/Everett region, the number of people who were unemployed decreased from 86,000 to 76,500 over the same period.
Of the industry sectors, in November:
- Eight expanded.
- Five contracted.
Private sector employment increased by 8,100 jobs while government employment increased by 4,700 jobs. Table 2 shows a summary of the job gains and losses in all 13 industry sectors.
Both private, public sector employment rose over the year
Washington gained an estimated 147,200 jobs from November 2020 – November 2021, not seasonally adjusted. Private sector employment rose by 4.6 percent, up an estimated 127,100 jobs, while public sector employment rose by 3.7 percent, up an estimated 20,100 jobs.
From November 2020 – November 2021, 11 major industry sectors expanded, one contracted and one was unchanged
The three industry sectors with the largest employment gains year over year, not seasonally adjusted, were:
- Leisure and hospitality up 50,800 jobs.
- Professional and business services up 21,300 jobs.
- Government up 20,100 jobs.
The industry sector that contracted year over year, not seasonally adjusted, was retail trade, down 1,600 jobs.
