Record low unemployment continues in Washington

Washington’s seasonally adjusted unemployment rate clocked in at 4.5 percent for the third consecutive month in July, according to the state Employment Security Department.

“The good economic news continues in Washington,” said Paul Turek, economist for the department. “Unemployment is at a record low and Washington businesses continue to add jobs. Plus, newly released data shows early-year hiring was much stronger than originally thought.”

Washington employers added 1,600 non-farm jobs in July. The department released the seasonally adjusted, preliminary job estimates from the federal Bureau of Labor Statistics as part of its July Monthly Employment Report.

Clallam County’s unemployment rate for July was 6.3 percent — tied for fourth-highest among Washington state’s 39 counties.

In July last year, the statewide unemployment rate was 5.5 percent. The national unemployment rate was 4.3 percent this July and 3.5 percent in the Seattle/Bellevue/Everett area.

Employment Security paid unemployment insurance benefits to 49,868 people in July.

The state’s labor force rose to 3.7 million in July — an increase of 13,100 people from the previous month. In the Seattle/Bellevue/Everett region, the labor force decreased by 3,700 over the same period.

From July 2016 through July 2017, the state’s labor force grew by 60,500 and the Seattle/Bellevue/Everett region increased by 13,600.

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

Private sector employment decreased by 3,700 and government employment increased by 5,300 jobs in July.

This month’s report shows the greatest job growth occurred in government up 5,300, education and health services up 2,000. Other sectors adding jobs were retail trade up 700, wholesale trade up 600, information and financial services both up 100.

Leisure and hospitality and other services faced the biggest reduction in July, losing 2,600 and 1,600 jobs respectively. Additionally, construction cut 1,300, manufacturing eliminated 1,000, transportation, warehousing and utilities trimmed 400 and professional and business services cut 300. Mining and logging was unchanged.

Washington has added an estimated 85,200 new jobs from July 2016 through July 2017, not seasonally adjusted. The private sector grew by 2.5 percent or 67,900 jobs, and the public sector increased by 3.1 percent, adding 17,300 jobs.

From July 2016 through July 2017, 11 of the state’s 13 industry sectors added jobs. Manufacturing (-5,900) 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 17,300 new jobs; construction with 12,400 new jobs; and education and health services with 11,500 new jobs.

More in Business

Dungeness Chestnuts owners look to fuel farm-to-table movement with Sequim-friendly product

Dungeness Chestnuts Sequim-based fresh chestnuts retailer On the web: www.dungenesschestnuts.com More info:… Continue reading

State unemployment rate falls again

Washington state’s economy added 12,400 jobs in October and the state’s seasonally… Continue reading

Business briefs — Nov. 21, 2018

Ribbon cutting set at Habitat store The Sequim Habitat Boutique Store is… Continue reading

Business briefs — Nov. 14, 2018

Kudos for Wind Rose Cellars The Sequim-based Wind Rose Cellars earned several… Continue reading

Pondicherri celebrates 25 years

Pondicherri turns 25 Pondicherri (Handprint) 25th Anniversary Party When: 11 a.m.-5 p.m.… Continue reading

Fruits of Grace focuses on fair-trade philosophy, offers handmade items from around the world

Fruits of Grace Retail store selling fair trade, handmade items from around… Continue reading

Volkman joins OMC as compliance manager

Olympic Medical Center announced last week the addition of Jay Volkman as… Continue reading

Windermere helping keep Clallam County warm

A generous community offered up 342 coats this October at Windermere Real… Continue reading

Business briefs — Nov. 7, 2018

This month, Dungeness Chestnuts’ Sequim orchard harvested its first commercial crop. One… Continue reading

Business briefs — Oct. 31, 2018

Sequim I.T. adds Burton to staff Kitsap Networking Services, Inc. and Sequim… Continue reading

Habitat for Humanity set to open Sequim boutique

Habitat for Humanity Boutique and Sequim office Location: 213 E. Washington St.… Continue reading

Tourism group seeks board directors

Olympic Peninsula Visitor Bureau, the tourism marketing agency for unincorporated Clallam County,… Continue reading