Washington’s economy lost an estimated 6,400 jobs (seasonally adjusted) and the monthly unemployment rate decreased to 3.6% in July. “July’s weak payroll number offsets the strong gains seen in June. Together with the downward revisions to first-quarter job totals, July’s numbers indicate the state’s labor market is gradually cooling off,” said Employment Security Department (ESD) State […]
Employment growth pushes unemployment rate to pre-pandemic low
Washington’s economy gained an estimated 11,900 jobs (seasonally adjusted) and the monthly unemployment rate decreased to 3.8% in June. “The gain in employment outpaced a modest rise in the labor force (+2,900) to help drive the unemployment rate down to 3.8%,” said Employment Security Department (ESD) State Economist Paul Turek. “The last time the unemployment […]
Washington’s average wage increased to $84,167 in 2022
This story was updated June 30, 2023 at 2:24 pm. CORRECTIONS: Washington’s average annual wage grew by 2% in 2022 to $84,167, according to the state Employment Security Department. Average wage growth slowed in 2022 compared to 2021, when average wages grew by 7.5%. These figures include only those wages that are covered by unemployment […]