Regional News

Payroll employment moves lower in October


Nov 13, 2019

Washington’s economy lost 1,600 jobs in October and the state’s seasonally adjusted monthly unemployment rate for October fell slightly to 4.5 percent according to the Employment Security Department.

“The labor market continues sending mixed messages this month” said Paul Turek, economist for the department. “Household members are finding jobs in spite of businesses reporting rollbacks. What’s becoming more evident overall is that hiring conditions are softening.”

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 September’s previously reported unemployment rate of 4.6 was confirmed. September’s preliminary estimated loss of 3,100 jobs was revised to a loss of 5,400 jobs.

The national unemployment rate rose slightly to 3.6 percent in October 2019. In October 2018, the national unemployment rate was 3.8 percent.

Private sector employment decreased by 1,500 while the public sector decreased by 100 jobs in October. This month’s report shows the largest private job growth occurred in retail trade up 1,300 jobs, information up 800 jobs, construction up 700 jobs and financial activities up 600 jobs. Other services posted the largest decline down 1,300 jobs followed by manufacturing down 1,100 jobs, education & health services down 1,000 jobs and wholesale trade down 800 jobs. Also posting losses were professional & business services and transportation, warehousing & utilities each lost 300 jobs while both government and mining & logging each lost 100 jobs. Leisure and hospitality was the only industry sector that remained unchanged.


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