Construction Jobs Still Contracting Fastest Around Seattle

Latest state unemployment figures came out yesterday. Here’s a brief look. Seattle area’s (King/Snohomish) unemployment rate (not seasonally adjusted): And here’s a graph that I created for Sound Housing Quarterly, which shows the percentage change year-over-year in various job categories, also for King/Snohomish:

News Brief: Local Unemployment Rate Resumes Climb

Just a quick update on the unemployment rate. According to data from the Washington State Employment Security Department, both statewide and King County unemployment have resumed their rise, pushing close to double-digits: After dropping from 7.9% to 7.0% from March to April, King County’s unemployment rate shot up a full point to (barely) reach a […]

News Roundup: Jobs, Everett Condos, Illusions…

Here are a few relevant news stories that have popped into my inbox in the last few days: Associated Press: Wash. revenue down, but recession may be softening Seattle P-I: Housing recovery depends on jobs, banker says Associated Press: Wash. unemployment rate stayed same in April Tacoma News-Tribune: Turning little boxes into living space Everett […]

Unemployment Reaches Record Levels, But Rate of Increase Slows

Here’s a chart to help put the latest local unemployment statistics in perspective: You can see that yes, unemployment reached yet another record high in March. However, the good news is that the rate of increase in the unemployment rate has slowed significantly. For the last six months or so the unemployment rate had been […]

Local Unemployment Nearly on Par with National Rate

Washington State’s latest unemployment statistics came out yesterday, and King County came in with a staggering 8.0% unemployment rate. To put this in context, I created the following graph, which charts local unemployment back to 1990 (as far as I can locate data), and compares it to the nationwide unemployment rate as well as “official” […]