Washington’s Seasonally Adjusted Unemployment Rate 9.3% October 2009

The Washington correspondence The Lake Steven’s Journal had this to say regarding the partial release of the Washington Unemployment Rate for October 2009:

Washington’s seasonally adjusted unemployment rate increased to 9.3 percent in October, from a revised rate of 9.1 percent in September, according to the state Employment Security Department.

The state lost an estimated 5,100 non-agricultural jobs in October, seasonally adjusted.

The estimated unemployment rate for September had earlier been reported as 9.3 percent, but that rate was revised downward after more analysis. The previously estimated job loss of 16,000 in September also was revised to 11,100.

Year over year, Washington had 120,000 fewer jobs last month than in October 2008, a 4.1 percent decrease. Nationally, employment declined by 4 percent over the past year.

Leisure and hospitality was the industry with the largest decline in October, down about 2,900 jobs. Other industries that showed job declines in October were manufacturing, down 2,300; retail trade, down 1,400; aerospace product and parts manufacturing, down 700. Three other industries – transportation, warehousing and utilities, professional business services, and construction – each dropped about 600 jobs.

The biggest October jump came in the government sector, up about 900 jobs. Other industries that gained jobs were information, up 700; financial activities, up 600; education and health services, up 200; and wholesale trade, up 200.

An estimated 310,984 people (not seasonally adjusted) in Washington were unemployed and looking for work in October. Nearly 229,000 people received unemployment benefits from Washington state that month.

Sources: Article by Jamie Swift of the Lake Steven’s Journal (http://www.lakestevensjournal.com/county-state/article.exm/2009-11-19_washington_s_unemployment_rate_up_slightly_in_october).

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