February Unemployment rises to 10.0% in Spokane County
March 27, 2013 Leave a comment
As we predicted last month, the February unemployment estimate comes in at 10.0%. The February unemployment rate is essentially unchanged from one year ago and has ended its trend of dropping one percent per year from 2010 to 2011 and then down again to 2012. March may come in at 9.5% to 9.7%. Elsewhere. King County’s unemployment level dropped to 5.9% in February.
There is some good news – the estimated number of employed people has increased – compare February 2013 to February 2012 in the data table.
Total employed remains less than in 1998 and 2000 (chart is from US BLS and is current through January 2013) which means there has been no growth in jobs for 12-13 years.