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Economy

Wash. Jobless Rate Increases 2 Months in a Row

· Regional News (gen 36:20) · No Comments
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(Image credit: nevadanewsbureau.com)

(King5 News)—Washington state’s unemployment rate increased slightly for the second straight month, even as the state added an estimated 5,300 jobs from July to August, officials with the Employment Security Department announced Wednesday.

The jobless rate for August was 7 percent, up slightly from July’s rate of 6.9 percent. Officials say the increase is a result of a small decline in the total labor force combined with an increase in the number of unemployed people who are actively looking for work.

“Statewide, our steady job growth has decelerated a little in the past couple of months,” said Paul Turek, a labor economist for Employment Security, in a written statement. “That creates less incentive for people to enter or re-enter the labor force, which has slowed progress on our unemployment rate.”

Also, state economists revised July’s job growth numbers Wednesday, subtracting 2,000 jobs to bring the new total to 6,800. With August’s job growth, officials say the state has gained jobs for 11 months.

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