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Tag: unemployment

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: 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…

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Mapping Unemployment: Washington 15th Worst in USA

Posted on August 10, 2012August 10, 2012 by The Tim

Wednesday afternoon the front page of the Seattle Times website featured the following story about how Washington State’s unemployment rate compares to other states: It’s no secret that the economy, in Washington and across the nation, is struggling. …Are we really doing that much worse than most everybody else? Pretty much, although some explanation is…

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

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Big Picture 2011: Unemployment and Foreclosures

Posted on December 16, 2011 by The Tim

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…

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Construction and Real Estate Still Shedding Jobs

Posted on November 18, 2011 by The Tim

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…

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