State unemployment rate stays steady at 4.5 percent

Despite preliminary estimates from the federal Bureau of Labor Statistics that indicate the state added 9,800 jobs over the month, Washington’s seasonally adjusted unemployment rate held at 4.5 percent in November.

“While the unemployment rate didn’t change, Washington’s economic outlook is bright,” said Paul Turek, economist for the department. “Unemployment stands at a record low, businesses are adding jobs and more people are joining the labor force.”

The Employment Security Department released the seasonally adjusted, preliminary job estimates from the bureau as part of its November Monthly Employment Report.

Clallam County’s unemployment rate for November was 5.9 percent, tied for eighth-highest among the state’s 39 counties.

The department also announced that October’s previously announced gain of 6,900 jobs was revised downward to 6,300 jobs.

In November last year, the statewide unemployment rate was 5.2 percent.

The national unemployment rate was 4.1 percent in November and 3.8 percent in the Seattle/Bellevue/Everett area.

Employment Security paid unemployment insurance benefits to 54,386 people in November.

The state’s labor force was 3.7 million in November — an increase of 5,200 people from the previous month. In the Seattle/Bellevue/Everett region, the labor force increased by 4,400 over the same period.

From November 2016 through November 2017, the state’s labor force grew by 98,600 and the Seattle/Bellevue/Everett region increased by 21,900.

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

Private sector employment increased by 13,100 and government employment decreased by 3,300 jobs in November.

This month’s report shows the greatest job growth occurred in professional and business services up 3,800, education and health services up 2,900, and other services up 2,300. Other sectors adding jobs were wholesale trade up 1,300, construction up 1,200, transportation, warehousing and utilities up 1,000, information and manufacturing both up 900, retail up 200 and mining and logging up 100.

Government faced the biggest reduction in November, losing 3,300 jobs. Additionally, leisure and hospitality cut 1,400 and financial activities trimmed 100 jobs respectively.

Washington has added an estimated 97,900 new jobs from November 2016 through November 2017, not seasonally adjusted. The private sector grew by 3.2 percent or 87,100 jobs, and the public sector increased by 1.8 percent, adding 10,800 jobs.

From November 2016 through November 2017, 12 of the state’s 13 industry sectors added jobs. Manufacturing (-1,500) was the only sector to report job losses.

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

• Professional and business services with 17,900 new jobs;

• Construction with 14,400 new jobs; and

• Education and health services with 13,800 new jobs.

More in Business

Solid gain in payroll employment, unemployment rate little changed

Washington state’s economy added 7,100 jobs in April and the state’s seasonally… Continue reading

Michaels opens its Sequim store on May 20

Michaels arts and crafts store Hours: 9 a.m.-9 p.m., Monday-Saturday; 10 a.m.-7… Continue reading

Business briefs — May 23, 2018

Castell’s Wellman completes program Andrea Wellman of Castell Insurance recently completed a… Continue reading

What’s New at the Market: Bringing fresh bread, pastries to the market

The Sequim Farmers Market is the only place on the peninsula that… Continue reading

Birds of a Feather adds food items to store

Birds of a Feather Farm Regular Hours: 8 a.m.-6 p.m. Monday-Saturday; Summer… Continue reading

Ulta Beauty officially opens

Store hours: 10 a.m.-9 p.m., Monday-Saturday, 11 a.m.-6 p.m. Sunday, Location: Sequim… Continue reading

New tack store fundraises for horses

The Olympic Peninsula Equine Network is celebrating the opening of its new… Continue reading

Business briefs — May 9, 2018

Candle store supports Helen Haller Full Moon Candle Co., 609 W. Washington… Continue reading

Report: Olympic National Park tourism creates $385 million in economic benefits

A new National Park Service report shows that 3.4 million visitors to… Continue reading

Most Read