Unemployment rate holds steady in Washington for January

The following is a release from the Washington State Employment Security Department:

The state’s seasonally adjusted unemployment rate held firm in January at 5.1 percent, despite preliminary estimates from the federal Bureau of Labor Statistics (BLS) that indicate the state lost an estimated 7,200 jobs over the month.

“Typical seasonal job losses in leisure and hospitality and construction finally showed up after a sustained period of activity,” said Paul Turek, Washington’s state labor economist. “Washington’s economic outlook still remains positive, and we continue to see historically low numbers for unemployment.”

The Employment Security Department released the seasonally adjusted, preliminary job estimates from BLS as part of its January Monthly Employment Report. The department also announced that December’s previously announced unemployment rate of 5.2 percent has been revised downward to 5.1 percent.

The national unemployment rate was 4.8 percent in January. The unemployment rate in the Seattle/Bellevue/Everett area was unchanged at 3.7 percent.

Employment Security paid unemployment insurance benefits to 78,102 people in January.

Labor force continues to grow in Puget Sound and across Washington

The state’s labor force rose to 3.68 million in January, an increase of 7,600 people from the previous month. In the Seattle/Bellevue/Everett region, the labor force increased by 5,400 over the same period.

From January 2016 to January 2017, the state’s labor force grew by 89,200 and the Seattle/Bellevue/Everett region increased by 44,600.

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

Six sectors expand, six contract

Private-sector and government employment both decreased by 3,600 jobs in January.

This month’s report shows the greatest job growth occurred in education and health services with 3,000 new jobs created. In addition, financial activities increased 1,300; retail trade added 900, professional and business services was up 500, mining and logging increased 200 and wholesale trade added 100 jobs.

Leisure and hospitality faced the biggest reduction in December, losing 5,000 jobs. Government cut 3,600, transportation, warehousing and utilities clipped 2,300, construction shaved 1,000, information dropped 900 and other services fell 400. Manufacturing was unchanged.

Year-over-year growth remains strong

Washington has added an estimated 84,600 new jobs from January 2016 to January 2017, not seasonally adjusted. The private sector grew by 2.9 percent or 73,800 jobs, and the public sector increased by 1.9 percent, adding 10,800 jobs.

From January 2016 to January 2017, 12 of the state’s 13 industry sectors added jobs. Manufacturing (-6,400) was the only sectors to report job losses.

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

• Education and health services with 17,900 new jobs;

• Retail trade with 17,500 new jobs; and

• Leisure and hospitality with 11,500 new jobs.

More in Business

Seaplane bartender JT Goodman makes a cocktail during happy hour on Nov. 26. Katie Metzger/staff photo
Seaplane Restaurant and Bar opens in Kenmore

The new eatery is open for happy hour and dinner in downtown.

The Bothell-Kenmore Chamber of Commerce, community members and staff members gathered to celebrate the ribbon cutting ceremony for Dr. Eugenia Lee, outside Kenmore Dental Care on Tuesday, Nov. 13. Stephanie Quiroz/staff photo.
Dr. Eugenia Lee takes over Kenmore orthodontics practice

Chamber of Commerce holds ribbon cutting ceremony for Lee Orthodontics on Nov 13.

‘This might have been a once in a generation opportunity’: Kenmore’s Lakepointe deal grinds to a halt

City officials unsure of what comes next for the more than 50 acre industrial site.

Jersey Mike’s opens in Bothell

The sandwich shop is holding a grand opening and free sandwich fundraiser from Nov. 14-18 to support the Northshore Schools Foundation.

Lakepointe is a 52-acre industrial site at the mouth of the Sammamish River and Lake Washington which the city of Kenmore has been hoping to see developed for nearly three decades. Aaron Kunkler/staff photo
Kenmore’s Lakepointe development talks collapse

A representative of the potential developer said it may be close to being dead.

Bothell’s smallest brewery earns “Best of Northshore” award

The micro-brewery has been pumping out the goods for more than eight years.

Store manager of the Bothell Helping Hands Thrift Store, Brittani Heitman, takes empty hangers to the back room to put more clothes onto the store floor. Madison Miller/staff photo.
Helping Hands Thrift Store serves locally and globally

The Bothell thrift store provides self-sustaining resources to Peru and local community.

Fall housing market shifts, but still seller’s market

Real estate snapshot for Bothell and Kenmore

Former Tully’s locations spring back to life

Following the coffee chain’s collapse earlier this year, other Eastside businesses are moving in.

Main Street in downtown Bothell reopened after a fire and construction in April. Evan Pappas/staff photo
Bothell Main Street business bouncing back after construction

After a fire and construction slowed business, many merchants are seeing people return.

Office space is still tight on the Eastside

That hasn’t stopped Google and Facebook from looking to expand.

Kenmore Council adopts plastic bag ordinance

The Kenmore City Council adopted a new plastic bag policy effective January… Continue reading