Uncategorized December 22, 2011

Jobless Rate Drops to Lowest Since 2009

Private sector job growth has moved the unemployment rate for Washington state to 8.7%, down from 9.1% in October.  Professional and business services added 4,200 jobs, Leisure and hospitality added 3,800 and construction added 2,000. This drop follows the U.S. trend of 8.6% Unemployment rate.

Some critics may argue that with the Holiday season that these numbers are skewed or misleading, in any event adding jobs is a good thing.  Lets say some of these are seasonal hires, many times those “seasonal hires” will turn into full time jobs.   

Information provided by the Associated Press.