Unemployment rate unchanged in September

  • Thursday, October 19, 2017 11:24am
  • Business

Washington’s unemployment rate held at 4.6 percent in September and preliminary estimates from the Bureau of Labor Statistics (BLS) show the state gained 13,800 jobs over the month.

“Washington economy is in great shape,” said Paul Turek, economist for the department. “Businesses continue to add jobs and more people are joining the labor force.”

The Employment Security Department released the seasonally adjusted, preliminary jobs estimates from BLS as part of its September Monthly Employment Report.

Last September, the statewide unemployment rate was 5.3 percent. The national unemployment rate was 4.2 percent this September and 3.8 percent in the Seattle/Bellevue/Everett area.

Employment Security paid unemployment insurance benefits to 45,929 people in September.

Labor force continues to grow in Washington

The state’s labor force rose to 3.76 million in September — an increase of 29,900 people from the previous month. In the Seattle/Bellevue/Everett region, the labor force increased by 9,800 over the same period.

From September 2016 through September 2017, the state’s labor force grew by 91,300 and the Seattle/Bellevue/Everett region increased by 20,100.

The labor force is the total number of people, both employed and unemployed, over the age of 16.

Nine sectors expand, three contract, one unchanged

Private sector employment increased by 6,000 and government employment increased by 7,800 jobs in September.

This month’s report shows the greatest job growth occurred in government – up 7,800 – and in leisure and hospitality, up 3,400. Other sectors adding jobs were information (plus 900), retail trade (plus 700), education and health services (plus 600), construction (plus 400), wholesale trade (plus 400), financial activities (plus 300), and professional and business services (plus 200).

Manufacturing faced the biggest reduction in September, losing 400 jobs. Additionally, transportation, warehousing and utilities cut 300 and leisure and other services eliminated 200. Mining and logging was unchanged.

Year-over-year growth remains strong

Washington has added an estimated 76,100 new jobs from September 2016 through September 2017, not seasonally adjusted. The private sector grew by 2.3 percent or 61,400 jobs, and the public sector increased by 2.6 percent, adding 14,700 jobs.

From September 2016 through September 2017, 11 of the state’s 13 industry sectors added jobs. Manufacturing (-3,500) and mining and logging (-200) were the only sectors to report job losses.

The three industry sectors with the largest employment gains year-over-year, not seasonally adjusted, were:

• Government with 14,700 new jobs;

• Construction with 12,700 new jobs; and

• Education and health services with 9,600 new jobs.

Check out Employment Security’s other labor market information and tools, including a video tutorial, to highlight popular information and data.

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