July 7, 2012
Update: Seattle Times publishes “Jobless picture darkens in Eastern Washington“. Spokane-based state labor economist is quoted as saying, basically, that Spokane’s problem is that Spokane attracts unemployed people. One cannot make this stuff up!
Look at the chart of total non-farm jobs here (2nd chart) – the problem is that Spokane lost about 10% of its non-farm jobs at the bottom and has close to a zero rate job growth since the bottom.
In any case, the Seattle Times gives a reason why the U-Haul Index below is a likely accurate assessment of the Spokane area economy.
Click though to check out the U-Haul Index for Spokane …