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Washington jobless rate drops to 6.8 percent, lowest since November 2008

Washington’s unemployment rate dropped to an estimated 6.8 percent in May, the first time under 7 percent since November 2008, when the rate was 6.5 percent, the state Employment Security Department said Wednesday.

The state’s unemployment rate has fallen by 0.7 percentage points since the start of the year.

Individual county jobless reports will be issued next week.

The latest report says Washington added about 4,100 jobs in May, seasonally adjusted. Economists revised the April job numbers downward by 2,100 jobs, from a preliminary estimated gain of 3,800 to a gain of 1,700.

Industries with the most estimated job gains in May were government, up 3,200; education and health services, up 2,500; leisure and hospitality, up 1,500; transportation, warehousing and utilities, up 600; and retail trade, up 300 jobs.

Industries showing the most job losses last month included “other services,” down 1,400; manufacturing, down 600; professional and business services, down 500; construction, down 500; wholesale trade, down 400; financial activities, down 300; and information, down 200.

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




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