{"id":16546,"date":"2011-08-02T10:00:16","date_gmt":"2011-08-02T17:00:16","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=16546"},"modified":"2011-08-02T10:37:44","modified_gmt":"2011-08-02T17:37:44","slug":"seattle-sees-job-growth-but-not-in-real-estate-sectors","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2011\/08\/02\/seattle-sees-job-growth-but-not-in-real-estate-sectors\/","title":{"rendered":"Seattle Sees Job Growth, But Not in Real Estate Sectors"},"content":{"rendered":"<p>It&#8217;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.<\/p>\n<p>First up, year-over-year job growth, broken down into a few relevant sectors:<\/p>\n<p style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a title=\"Seattle-Area YOY Job Gains \/ Losses\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/08\/Job-Growth_2011-06.png\" rel=\"lightbox[16546]\"><img loading=\"lazy\" decoding=\"async\" style=\"border: 0;\" title=\"Seattle-Area YOY Job Gains \/ Losses - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/08\/Job-Growth_2011-06-600x435.png\" alt=\"Seattle-Area YOY Job Gains \/ Losses\" width=\"600\" height=\"435\" \/><\/a><\/p>\n<p>Finance, real estate, and construction are all still shedding jobs, while overall employment has been making gains since October.  Retail has been doing especially well, first turning postive back in May 2010.<\/p>\n<p>Here&#8217;s a look at the overall Seattle area unemployment rate compared to the national rate:<\/p>\n<p style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a title=\"Seattle-Area Unemployment Rate\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/08\/Unemployment_2011-06.png\" rel=\"lightbox[16546]\"><img loading=\"lazy\" decoding=\"async\" style=\"border: 0;\" title=\"Seattle-Area Unemployment Rate - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/08\/Unemployment_2011-06-600x435.png\" alt=\"Seattle-Area Unemployment Rate\" width=\"600\" height=\"435\" \/><\/a><\/p>\n<p>Still more or less tracking the high national rate of unemployment here in Seattle, despite the recession having officially ended over two years ago now.<\/p>\n<p>Meanwhile, the total number of jobs nationwide still sits <a href=\"http:\/\/cr4re.com\/charts\/charts.html#category=Employment&#038;chart=EmployRecessJune2011.jpg\" title=\"Calculated Risk: Job Losses Chart\" rel=\"lightbox[16546]\">five percent lower than it was at the peak<\/a>, as this jobs recession drags out far longer than any other post-WWII recession.  At this rate, it will probably be another two or three years before we get back all the jobs lost since 2007.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;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&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8,616],"tags":[13,363,303],"coauthors":[],"class_list":["post-16546","post","type-post","status-publish","format-standard","hentry","category-stats","category-counties","tag-job_growth","tag-jobs","tag-unemployment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Seattle Sees Job Growth, But Not in Real Estate Sectors \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2011\/08\/02\/seattle-sees-job-growth-but-not-in-real-estate-sectors\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Seattle Sees Job Growth, But Not in Real Estate Sectors \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"It&#8217;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...\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/08\/Job-Growth_2011-06.png\" \/>\n<meta name=\"twitter:creator\" content=\"@The_Tim\" \/>\n<meta name=\"twitter:site\" content=\"@SeattleBubble\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The Tim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2011\/08\/02\/seattle-sees-job-growth-but-not-in-real-estate-sectors\/\",\"url\":\"https:\/\/seattlebubble.com\/blog\/2011\/08\/02\/seattle-sees-job-growth-but-not-in-real-estate-sectors\/\",\"name\":\"Seattle Sees Job Growth, But Not in Real Estate Sectors \u2022 Seattle Bubble\",\"isPartOf\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2011\/08\/02\/seattle-sees-job-growth-but-not-in-real-estate-sectors\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2011\/08\/02\/seattle-sees-job-growth-but-not-in-real-estate-sectors\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/08\/Job-Growth_2011-06-600x435.png\",\"datePublished\":\"2011-08-02T17:00:16+00:00\",\"dateModified\":\"2011-08-02T17:37:44+00:00\",\"author\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\"},\"breadcrumb\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2011\/08\/02\/seattle-sees-job-growth-but-not-in-real-estate-sectors\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/seattlebubble.com\/blog\/2011\/08\/02\/seattle-sees-job-growth-but-not-in-real-estate-sectors\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2011\/08\/02\/seattle-sees-job-growth-but-not-in-real-estate-sectors\/#primaryimage\",\"url\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/08\/Job-Growth_2011-06.png\",\"contentUrl\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/08\/Job-Growth_2011-06.png\",\"width\":\"912\",\"height\":\"662\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2011\/08\/02\/seattle-sees-job-growth-but-not-in-real-estate-sectors\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/seattlebubble.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Seattle Sees Job Growth, But Not in Real Estate Sectors\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\",\"url\":\"https:\/\/seattlebubble.com\/blog\/\",\"name\":\"Seattle Bubble\",\"description\":\"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\",\"name\":\"The Tim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"caption\":\"The Tim\"},\"description\":\"Tim Ellis is the founder of Seattle Bubble. 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