Jobs: The bleeding has finally stopped.

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

Big Picture 2011: Unemployment and Foreclosures

To close out the week, let’s take an updated look at a couple of factors that are continuing to drag the local housing market down: unemployment and foreclosures. From 1990 through 2006, the average unemployment rate in King County was 4.9%. The unemployment rate is currently 7.9% (61% higher than the 1990-2006 average). Over that […]

Construction and Real Estate Still Shedding Jobs

It’s been a while since we had a look at local job growth data, so let’s update those charts. First up, year-over-year job growth, broken down into a few relevant sectors: Finance, real estate, and construction are all still shedding jobs, despite a slight year-over-year uptick in overall employment data, which seems to be bouyed […]

Seattle Sees Job Growth, But Not in Real Estate Sectors

It’s been a while since we had a look at local job growth data, and now is as good a time as any to take a look at the latest data. First up, year-over-year job growth, broken down into a few relevant sectors: Finance, real estate, and construction are all still shedding jobs, while overall […]

T-Mobile Sale to AT&T: Another Hit to Local Real Estate?

As you have no doubt read or heard by now, news broke yesterday that T-Mobile’s German parent company Deutsche Telecom will sell T-Mobile USA to AT&T for $39B. While I’m certainly not enthused about what this will mean for my cell phone bill and customer service, my bigger concern is all the well-paid jobs in […]

Big Picture Week: Unemployment and Foreclosures

To close out the week, let’s have a look at a couple of factors that are continuing to drag the local housing market down: unemployment and foreclosures. From 1990 through 2006, the average unemployment rate in King County was 4.9%. The unemployment rate is currently 8.0% (63% higher than the 1990-2006 average). Over that same […]