Washington’s unemployment rate was static at 8.3% for June 2012. The unemployment rate has fluctuated during 2012, and is now and is only 0.1% lower than the January 2012 rate of 8.4%. If For the month, there were about 1,000 more unemployed people in WA in the June when compared to July. This, however, was offset by a subsequent 3,700 person rise in the number of individuals employed. There was also a 4,700 person increase in the total civilian labor force in June in WA. The result of these statistics was the static unemployment rate for June in Washington.
The good news is that Washington’s unemployment rate is both better than the national average (8.2%) and much improved from June 2011 when the rate was at 9.3%. The full percentage improvement in the rate in WA meant 30,000 fewer unemployed people and 79,000 more employed workers in WA. Also, there were approximately 48,000 more people in the civilian work force for the state. The net effect of these statistics is the large drop in the unemployment rate in Washington for the year.
Next we’ll review the statistics for the industries in Washington in June. For the month the industries of Manufacturing, Construction, Information, Financial Activities, and Leisure & Hospitality all saw improvements for the month. Business sectors that saw a decease in employment numbers in June were Education & Health Services, Other Services, and Government.
Next we’ll look at the employment numbers for some of the major metropolitan areas in a state. For WA State these results were mainly positive in June. The City of Bellingham’s June unemployment rate fell to 7.5%. The Bremerton-Silverdale area also lowered it’s rate to 7.5%. The Olympia metro area also experienced a rate decrease from 7.9% to 7.7% in June. The City of Longview’s rate, one of the highest in the state, also came down to 11.0% from 11.2% in May’s. Lastly, the City of Yakima experienced one of the biggest rate improvements in June falling 1.3% from 10.6% in May all the way to 9.3%. The big exception to this downward trend in June was the metropolitan area of Seattle-Bellevue. Its unemployment rate rose in June to 7.5% (from May’s 7.1%.
Our last comparison for WA this month will be to other states in the area. States with higher rates are Oregon (8.5%) and California (10.7%). Area states with lower rates than WA include Idaho (6.3%) and Montana (also at 6.3%).
We’ll once again analyze the July 2012 statistics for the State of WA when they’re released later this year. Always be aware that employment statistics can be adjusted at a later time.
The good news is that Washington’s unemployment rate is both better than the national average (8.2%) and much improved from June 2011 when the rate was at 9.3%. The full percentage improvement in the rate in WA meant 30,000 fewer unemployed people and 79,000 more employed workers in WA. Also, there were approximately 48,000 more people in the civilian work force for the state. The net effect of these statistics is the large drop in the unemployment rate in Washington for the year.
Next we’ll review the statistics for the industries in Washington in June. For the month the industries of Manufacturing, Construction, Information, Financial Activities, and Leisure & Hospitality all saw improvements for the month. Business sectors that saw a decease in employment numbers in June were Education & Health Services, Other Services, and Government.
Next we’ll look at the employment numbers for some of the major metropolitan areas in a state. For WA State these results were mainly positive in June. The City of Bellingham’s June unemployment rate fell to 7.5%. The Bremerton-Silverdale area also lowered it’s rate to 7.5%. The Olympia metro area also experienced a rate decrease from 7.9% to 7.7% in June. The City of Longview’s rate, one of the highest in the state, also came down to 11.0% from 11.2% in May’s. Lastly, the City of Yakima experienced one of the biggest rate improvements in June falling 1.3% from 10.6% in May all the way to 9.3%. The big exception to this downward trend in June was the metropolitan area of Seattle-Bellevue. Its unemployment rate rose in June to 7.5% (from May’s 7.1%.
Our last comparison for WA this month will be to other states in the area. States with higher rates are Oregon (8.5%) and California (10.7%). Area states with lower rates than WA include Idaho (6.3%) and Montana (also at 6.3%).
We’ll once again analyze the July 2012 statistics for the State of WA when they’re released later this year. Always be aware that employment statistics can be adjusted at a later time.
