Article: Jobless rate hits new low; Seattle sizzles
Posted: Wed May 16, 2007 6:13 amThe region's unemployment hasn't been this low in at least 24 years, ................................
But there's a lot of competition for those folks and other white-collar workers -- a key contributor to the local area's 3.8 percent unemployment rate in April. That's the lowest unemployment in the Seattle metro area -- defined as King and Snohomish counties -- since at least 1983, as far back as figures are available.
The statewide unemployment rate also fell to a record low last month, reaching 4.4 percent, the state Employment Security Department said Tuesday. That's its lowest point since the current unemployment statistics began in 1976.
I guess this explains the current strength in the housing market?
But there's a lot of competition for those folks and other white-collar workers -- a key contributor to the local area's 3.8 percent unemployment rate in April. That's the lowest unemployment in the Seattle metro area -- defined as King and Snohomish counties -- since at least 1983, as far back as figures are available.
The statewide unemployment rate also fell to a record low last month, reaching 4.4 percent, the state Employment Security Department said Tuesday. That's its lowest point since the current unemployment statistics began in 1976.
I guess this explains the current strength in the housing market?