Spokane area unemployment worsens in June 2011

The May report was revised downwards to 8.8% from 9.0%. June, however, came in at 9.1%.  The high unemployment level has remained constant in Spokane for 3 years running.

 

The total number of non-farm jobs increased slightly. June and July are typically peak employment months in Spokane. Its down hill from here, until a spurt of seasonable temporary jobs around Christmas. The unemployment rate is based on an estimate of those working and an estimate of those looking for work. As can be seen in the chart, the unemployment rate can and does go down, even as the total number of those working also goes down. Which seems paradoxical but that is due to how the estimates are produced.

Initial unemployment claims rose, although “continuing” claims went down. The latter could have gone down because workers found jobs or because they reached the end of their unemployment benefits and gave up looking for work.

 

Good thing we will be cutting bus service while building a downtown trolley and pouring more concrete out at the under used Spokane (Not) International Airport!

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