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Seattle Employment Improving Faster than US and WA

Posted on August 13, 2012August 13, 2012 by The Tim

By request from the comments on Friday’s post, here’s a look at just the Seattle area’s employment situation.

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

Seattle-Area YOY Job Gains / Losses

After getting hammered harder than every other industry during the housing bust, construction employment is showing the biggest gains in 2012. Every sector we track is growing at a decent rate.

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

Seattle-Area Unemployment Rate

The Seattle area is doing much better than Washington State or the nation as a whole, with June coming in at 8.2% for the US, 8.3% for Washington, and just 7.2% for the Seattle area.

Overall things are better for Seattle on the jobs front. We’re still not back to “normal” levels, but we’re getting there a lot more quickly than many other regions.

Sources:

  • Seattle Unemployment: Washington State Employment Security Department
  • Washington & US Unemployment: Bureau of Labor Statistics

Seasonally adjusted series used for all data sets.

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Mapping Unemployment: Washington 15th Worst in USA
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Seattle Area Keeps Steadily Adding Jobs

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