Washington’s economy gained 6,000 jobs in June and the state’s seasonally adjusted monthly unemployment rate for June was unchanged at 4.6 percent according to the Employment Security Department.
“Employment continues to expand at a healthy pace” said Paul Turek, economist for the department.“ The rise in payroll jobs over the past few months has generated more opportunities for new entrants to the labor force.”
The Employment Security Department released the preliminary job estimates from the federal Bureau of Labor Statistics as part of its Monthly Employment Report.
The department also announced that May’s previously reported unemployment rate of 4.7 percent was slightly lower at 4.6 percent. May’s preliminary estimated gain of 9,600 jobs was revised to a gain of 7,600 jobs.
The national unemployment rate rose slightly to 3.7 percent in June 2019. In June 2018, the national unemployment rate was 4.0 percent.
Employment Security paid unemployment insurance benefits to 48,364 people in June.
Labor force adds more people
The state’s labor force in June was 3,879,200 – an increase of 3,300 people from the previous month. In the Seattle/Bellevue/Everett region, the labor force increased by 500 over the same period.
From June 2018 through June 2019, the state’s labor force grew by 96,000 and the Seattle/Bellevue/Everett region increased by 34,100.
The labor force is the total number of people, both employed and unemployed, over the age of 16.
Eight industry sectors expanded, one was unchanged and four contracted
Private sector employment increased by 5,400 while the public sector gained 600 jobs in June. This month’s report shows the largest private job growth occurred in education & health services up 2,500 jobs, information up 1,600 jobs and manufacturing up 1,300 jobs. Also posting gains were professional & business services, government and retail trade all up 600 jobs, other services was up 400 jobs and transportation, warehousing & utilities up 200 jobs. The mining and logging sector remained unchanged. Construction lost 800 jobs, wholesale trade lost 600 jobs, leisure & hospitality lost 300 jobs and financial activities lost 100 jobs.
Year-over-year growth in payroll employment occurring in the private sector
Washington added an estimated 82,700 new jobs from June 2018 through June 2019, not seasonally adjusted. The private sector grew by 2.9 percent, up an estimated 82,600 jobs, while public sector employment was little changed with a net gain of 100 jobs.
From June 2018 through June 2019, eleven out of the thirteen major industries added jobs while one sector contracted and one sector remained unchanged.
The three industry sectors with the largest employment gains year-over-year, not seasonally adjusted, were:
- Education & health services with 20,800 new jobs
- Professional & business services with 16,200 new jobs
- Leisure & hospitality with 12,100 new jobs