YOUR COUNTY.
YOUR BUSINESS JOURNAL.

















Published August 2006

Jobless rate dips to 4.5%

SCBJ Staff

Unemployment in Snohomish County dropped by one-tenth of a percentage point in June, to 4.5 percent, as the local economy continued to be among the state’s leaders in creating jobs, according to the state Employment Security Department.

There were 2,100 jobs created in the county in June, a number that Donna Thompson, a labor economist with the agency, described as “blistering.”

That number equates to an annual growth rate of 4.1 percent, slightly ahead of King County’s 4 percent and significantly better than the state’s average of 3.3 percent.

A number of sectors added jobs in June, including manufacturing, which increased by 400 positions. Half that number was in aerospace, where the Boeing Co. is continuing to hire employees at a solid pace as it faces one of its strongest years since 2000.

Other sectors that were hiring included business and professional services, which added 700 jobs; leisure and hospitality, which added 500; bars and restaurants, which added 200; and local government, which also added 200 workers.

While the unemployment rate dropped locally in June, the number of jobless workers stayed level at about 16,500 people. The number of people in the labor force in June increased to an estimated 362,700, according to agency data.

In Washington state, the unemployment rate was 5.1 percent in June.

Back to the top/Main Menu



DAILY HITS




© 2006 The Daily Herald Co., Everett, WA