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Jobs: The bleeding has finally stopped.

Posted on March 21, 2012 by The Tim

It’s been a few months since we last checked in on Seattle’s employment stats, so let’s update our employment charts again.

First up, year-over-year job growth, broken down into a few relevant sectors:

Seattle-Area YOY Job Gains / Losses

For the first time since 2005, every sector we track is in the black year over year. The bleeding has finally stopped.

Here’s a look at the overall Seattle area unemployment rate compared to the national rate:

Seattle-Area Unemployment Rate

Down significantly since the end of the recession, but still at a point higher than any time between 1990 and 2009. The bleeding has stopped, but it’s difficult to say we’re really in a real “recovery” just yet, in my opinion.

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Big Picture 2011: Unemployment and Foreclosures
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Mapping Unemployment: Washington 15th Worst in USA

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