Latest / Seattle News Today | 2 Min News | The Daily News Now!
Washington’s Job Market: Mixed Signals | Seattle News
Washington’s June job report reveals a mixed economic picture: 5,400 new jobs, mostly in public sector, defying expectations of losses. But year-over-year, the state still shed 1,200 jobs—mostly public—with private sector rebounding slightly. Unemployment sits at 5.2%, a full point above the national average, fueled by tech job cuts, especially in software. That rate has held steady for three months, and Seattle-Tacoma-Bellevue alone accounts for over half of the state’s jobless population—209,000 people. While monthly gains look promising, the bigger picture shows persistent headwinds…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.