WA Payroll Employment Increased in December; Unemployment Rate Rose to 4.2% koze.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koze.com Daily Mail and Mail on Sunday newspapers.
OLYMPIA Washington’s economy gained an estimated 7,700 jobs (seasonally adjusted) and the monthly unemployment rate rose from 4.0% to 4.2% in December, according to an announcement from the Washington State Employment Security Department.
“December’s job growth was the strongest since June 2023 and marked five consecutive months of job growth, after revisions to November data. Despite strong job gains, the unemployment rate inched up from 4.0% to 4.2%,” ESD Chief Labor Economist Anneliese Vance-Sherman said. “The overall trend in 2023 has been the slowing of a still-strong labor market after the tumultuous ups and downs of COVID-19 economic recovery.”
ESD paid unemployment insurance benefits to 68,170 people in December, an increase of 6,344 paid claims over the previous month, according to the statement. Seasonal increases in paid claims within agriculture, construction and manufacturing contributed to the overall increase in claims.
Payroll employment increased in December; unemployment rate rose to 4.2% – The Suburban Times thesubtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesubtimes.com Daily Mail and Mail on Sunday newspapers.