New local job stats came out this week, so let’s have a look at the Seattle area’s employment situation.
First up, year-over-year job growth, broken down into a few relevant sectors:
Construction growth fell off, dropping from an 8.2% year-over-year gain in January to just 5.4% in February, and the over ten percent gains we saw in that sector in the original December data was erased by revised data. With 6% year-over-year growth, the retail sector actually eclipsed construction as the fastest-growing in February.
Here’s a look at the overall Seattle area unemployment rate compared to the national rate:
Unemployment fell yet again in Seattle between January and February while it continued to flat-line nationally. Washington State’s unemployment is still below the national rate, while the Seattle area is still outperforming Washington State and the nation as a whole. February unemployment came in at 7.7% for the US, 7.5% for Washington, and 5.9% for the Seattle area.
- Seattle Unemployment: Washington State Employment Security Department
- Washington & US Unemployment: Bureau of Labor Statistics
Seasonally adjusted series used for all data sets.
+10
Unemployed Swept Under the Rug….We Don’t Count ‘em Anymore After 6 Months of No Jobs
By 2020 Seattle’s population to double?
http://www.susps.org/overview/immigration.html
Where will they work? The Seattle/Bellevue/Tacoma Total Labor Force has been stagnant at about 1.9 million the last 4 years under Obama. See first graph from Obama’s BLS data base.
http://data.bls.gov/timeseries/LAUMT53426606?data_tool=XGtable
We must ignore this scientific demography evidence…..after all, Japan’s and Australia’s zero growth population has helped their economies…America is different? Believe the foreign/corporate brainwashing…
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