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Washington jobless rate dips to 8.2 percent last month

Washington gained an estimated 4,200 jobs in February, adding to the state’s gradual climb up the employment ladder, the state’s Employment Security Department said today.

The seasonally adjusted unemployment rate dipped to an estimated 8.2 percent in February, down from a revised rate of 8.4 percent in January.  It was the lowest unemployment rate since January 2009, when it was 7.7 percent.

As a result of the improved unemployment rate, the maximum weeks of unemployment benefits in Washington will likely be reduced from 99 down to 73 in mid- to late April.  Both of the federal benefits-extension programs are triggered by states’ unemployment rates.  Employment Security will announce the timing and more details of the change after receiving official notice from the federal Department of Labor.

Industry sectors that had the most job growth in February were leisure and hospitality, which added 2,500 jobs; construction, up 1,900 jobs; retail trade, up 1,700; transportation, warehousing & utilities, up 1,500; and professional & business services, which added 1,100 jobs.

Industries with the most job losses included government, down 1,400; manufacturing, down 900; other services, down 800; financial activities, down 700; and information, down 500.

Since the low point in the recession, the state has regained about 90,900 jobs.




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The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.






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