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…
Tag: unemployment
Mapping Unemployment: Washington 15th Worst in USA
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…
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…