State Unemployment Rate Down in March

Apr 17, 2001, 01:00 ET from Washington State Department Of Employment Security

    OLYMPIA, Wash., April 17 /PRNewswire/ -- Washington's unemployment rate
 eased to 6.0 percent in March, which was four-tenths of a percentage point
 lower than it was in February.  The March rate was, however, five-tenths of a
 percentage point higher than in March 2000, according to Employment Security
 Acting Commissioner Paul Trause.
     "The February-to-March change was fairly typical for this time of year,
 but the state's jobless rate has climbed a half a percentage point in each of
 the past two years," said Trause.  "We are seeing a softening economy, but not
 one that has fallen into recession."
     Seasonally adjusted, Washington's unemployment rate rose a tenth of a
 percentage point over the month and a half percentage point over the year to
 5.7 percent.  The seasonally adjusted national rate rose a tenth of a
 percentage point to 4.3 percent in March.
     From February to March, Washington gained 21,300 net new jobs.
 Manufacturing, though, shed 1,200 jobs, with the biggest losses in aluminum
 (-700), electronic equipment (-300), and logging (-200).  The one bright spot
 was stone, clay, and glass (+200), which was sustained by the demand for
 masonry and window materials in the wake of the Nisqually earthquake.  The
 post-earthquake impact, however, showed up most prominently in construction
 (+6,900) with gains being atypically high in all of its sub-sectors,
 particularly heavy construction (+1,000).
     Services added 8,400 jobs, although fewer jobs were created in virtually
 all of its sub-sectors compared to last year and the computer and data
 processing sector continuing to shed jobs (-300).  Trade was up 3,500, less
 than half the previous year's gain.  Finance, insurance and real estate was up
 300 with the finance component (+200) leading the way.  Transportation,
 communications and utilities did not change as a 500 loss in communications
 and utilities offset a 500 gain in transportation.
     Over the year, manufacturing was down 12,100 jobs, with most of those
 losses in durable goods (-9,000).  Transportation equipment was down 5,000 due
 to losses in aircraft, ships, and trucks.  Lumber and wood (-1,700) and
 aluminum (-1,500) also contributed heavily.  In nondurable goods (-3,100),
 losses were greatest in food processing (-900), textiles and apparel (-700),
 printing (-600), and petroleum (-600).  Over the year, total nonfarm wage and
 salary employment adjusted in collaboration with the Office of the Forecast
 Council was up 50,400 or 1.9 percent.
 
     Washington State                                         Benchmark 2000
     Employment Security Department                           04/17/01
     Labor Market and Economic Analysis Branch
 
                     Resident Labor Force and Employment In
                   Washington State and Labor Market Areas 1/
 
                                         March 2001 Preliminary
     Not Seasonally Adjusted
                               Labor Force        Employ   Unemploy    URate
     Washington State Total      3,092,200     2,905,500    186,700      6.0
     Bellingham MSA                 81,800        76,400      5,400      6.6
     Bremerton PMSA                 93,600        88,200      5,400      5.8
     Olympia PMSA                  100,800        95,100      5,600      5.6
     Seattle-Bellevue-Everett    1,433,100     1,371,000     62,100      4.3
       King County 2/            1,050,400     1,005,900     44,500      4.2
       Snohomish County 2/         352,700       336,200     16,500      4.7
       Island County 2/             30,000        28,900      1,200      3.9
     Spokane MSA                   212,900       198,100     14,800      6.9
     Tacoma PMSA                   336,700       316,600     20,200      6.0
     Tri-Cities MSA                 94,000        87,100      6,900      7.3
       Benton County 2/             71,300        66,700      4,500      6.3
       Franklin County 2/           22,700        20,400      2,400     10.5
     Yakima MSA                    108,000        94,000     14,100     13.0
     Adams                           7,840         6,840      1,000     12.7
     Asotin 2/                      11,680        11,020        670      5.7
     Chelan-Douglas LMA             51,490        46,640      4,850      9.4
       Chelan County 2/             33,170        29,740      3,420     10.3
       Douglas County 2/            18,320        16,900      1,420      7.8
     Clallam                        24,270        22,210      2,060      8.5
     Clark 2/                      183,600       174,500      9,100      5.0
     Columbia                        1,250         1,060        190     15.2
     Cowlitz                        41,600        37,210      4,390     10.6
     Ferry                           2,680         2,130        540     20.2
     Garfield                        1,240         1,190         60      4.6
     Grant                          35,380        30,860      4,520     12.8
     Grays Harbor                   26,540        23,570      2,970     11.2
     Jefferson                       9,990         9,380        610      6.1
     Kittitas                       16,060        14,850      1,210      7.6
     Klickitat                       8,320         6,770      1,550     18.6
     Lewis                          29,140        26,100      3,040     10.4
     Lincoln                         4,580         4,310        270      5.8
     Mason                          18,730        17,190      1,540      8.2
     Okanogan                       19,410        16,650      2,760     14.2
     Pacific                         7,670         6,920        740      9.7
     Pend Oreille                    4,400         3,840        570     12.9
     San Juan                        5,400         5,110        300      5.5
     Skagit                         50,660        46,760      3,900      7.7
     Skamania                        3,860         3,420        440     11.4
     Stevens                        17,140        14,800      2,330     13.6
     Wahkiakum                       1,840         1,710        140      7.4
     Walla Walla                    25,850        23,860      1,990      7.7
     Whitman                        20,710        20,260        450      2.2
 
     1/ Official U.S. Department of Labor, Bureau of Labor Statistics data.
     2/ Estimates are determined by using the Population/Claims Share
     disaggregation methodology.
 
     Note:  Detail may not add due to rounding.
 
 

SOURCE Washington State Department Of Employment Security
    OLYMPIA, Wash., April 17 /PRNewswire/ -- Washington's unemployment rate
 eased to 6.0 percent in March, which was four-tenths of a percentage point
 lower than it was in February.  The March rate was, however, five-tenths of a
 percentage point higher than in March 2000, according to Employment Security
 Acting Commissioner Paul Trause.
     "The February-to-March change was fairly typical for this time of year,
 but the state's jobless rate has climbed a half a percentage point in each of
 the past two years," said Trause.  "We are seeing a softening economy, but not
 one that has fallen into recession."
     Seasonally adjusted, Washington's unemployment rate rose a tenth of a
 percentage point over the month and a half percentage point over the year to
 5.7 percent.  The seasonally adjusted national rate rose a tenth of a
 percentage point to 4.3 percent in March.
     From February to March, Washington gained 21,300 net new jobs.
 Manufacturing, though, shed 1,200 jobs, with the biggest losses in aluminum
 (-700), electronic equipment (-300), and logging (-200).  The one bright spot
 was stone, clay, and glass (+200), which was sustained by the demand for
 masonry and window materials in the wake of the Nisqually earthquake.  The
 post-earthquake impact, however, showed up most prominently in construction
 (+6,900) with gains being atypically high in all of its sub-sectors,
 particularly heavy construction (+1,000).
     Services added 8,400 jobs, although fewer jobs were created in virtually
 all of its sub-sectors compared to last year and the computer and data
 processing sector continuing to shed jobs (-300).  Trade was up 3,500, less
 than half the previous year's gain.  Finance, insurance and real estate was up
 300 with the finance component (+200) leading the way.  Transportation,
 communications and utilities did not change as a 500 loss in communications
 and utilities offset a 500 gain in transportation.
     Over the year, manufacturing was down 12,100 jobs, with most of those
 losses in durable goods (-9,000).  Transportation equipment was down 5,000 due
 to losses in aircraft, ships, and trucks.  Lumber and wood (-1,700) and
 aluminum (-1,500) also contributed heavily.  In nondurable goods (-3,100),
 losses were greatest in food processing (-900), textiles and apparel (-700),
 printing (-600), and petroleum (-600).  Over the year, total nonfarm wage and
 salary employment adjusted in collaboration with the Office of the Forecast
 Council was up 50,400 or 1.9 percent.
 
     Washington State                                         Benchmark 2000
     Employment Security Department                           04/17/01
     Labor Market and Economic Analysis Branch
 
                     Resident Labor Force and Employment In
                   Washington State and Labor Market Areas 1/
 
                                         March 2001 Preliminary
     Not Seasonally Adjusted
                               Labor Force        Employ   Unemploy    URate
     Washington State Total      3,092,200     2,905,500    186,700      6.0
     Bellingham MSA                 81,800        76,400      5,400      6.6
     Bremerton PMSA                 93,600        88,200      5,400      5.8
     Olympia PMSA                  100,800        95,100      5,600      5.6
     Seattle-Bellevue-Everett    1,433,100     1,371,000     62,100      4.3
       King County 2/            1,050,400     1,005,900     44,500      4.2
       Snohomish County 2/         352,700       336,200     16,500      4.7
       Island County 2/             30,000        28,900      1,200      3.9
     Spokane MSA                   212,900       198,100     14,800      6.9
     Tacoma PMSA                   336,700       316,600     20,200      6.0
     Tri-Cities MSA                 94,000        87,100      6,900      7.3
       Benton County 2/             71,300        66,700      4,500      6.3
       Franklin County 2/           22,700        20,400      2,400     10.5
     Yakima MSA                    108,000        94,000     14,100     13.0
     Adams                           7,840         6,840      1,000     12.7
     Asotin 2/                      11,680        11,020        670      5.7
     Chelan-Douglas LMA             51,490        46,640      4,850      9.4
       Chelan County 2/             33,170        29,740      3,420     10.3
       Douglas County 2/            18,320        16,900      1,420      7.8
     Clallam                        24,270        22,210      2,060      8.5
     Clark 2/                      183,600       174,500      9,100      5.0
     Columbia                        1,250         1,060        190     15.2
     Cowlitz                        41,600        37,210      4,390     10.6
     Ferry                           2,680         2,130        540     20.2
     Garfield                        1,240         1,190         60      4.6
     Grant                          35,380        30,860      4,520     12.8
     Grays Harbor                   26,540        23,570      2,970     11.2
     Jefferson                       9,990         9,380        610      6.1
     Kittitas                       16,060        14,850      1,210      7.6
     Klickitat                       8,320         6,770      1,550     18.6
     Lewis                          29,140        26,100      3,040     10.4
     Lincoln                         4,580         4,310        270      5.8
     Mason                          18,730        17,190      1,540      8.2
     Okanogan                       19,410        16,650      2,760     14.2
     Pacific                         7,670         6,920        740      9.7
     Pend Oreille                    4,400         3,840        570     12.9
     San Juan                        5,400         5,110        300      5.5
     Skagit                         50,660        46,760      3,900      7.7
     Skamania                        3,860         3,420        440     11.4
     Stevens                        17,140        14,800      2,330     13.6
     Wahkiakum                       1,840         1,710        140      7.4
     Walla Walla                    25,850        23,860      1,990      7.7
     Whitman                        20,710        20,260        450      2.2
 
     1/ Official U.S. Department of Labor, Bureau of Labor Statistics data.
     2/ Estimates are determined by using the Population/Claims Share
     disaggregation methodology.
 
     Note:  Detail may not add due to rounding.
 
 SOURCE  Washington State Department Of Employment Security