Washington Jobless Rate Unchanged In March, But Steady Job Gains Continue
The unemployment rate in Washington state held steady at 5.8 percent for the fourth consecutive month in March. But in its latest jobs report out Wednesday, the state employment department reported steady hiring across most of the economy.
State labor economist Paul Turek said Washington has gained nearly 100,000 jobs in the past year, but a fresh influx of job seekers is keeping the unemployment rate from going down.
"What is happening is that we've got a sudden surge in the size of the labor force, primarily beginning this year,” Turek said. “When we see that on a shorter term basis it tends to indicate that there were (previously) discouraged workers -- or workers that were harder to employ.”
Turek expects Washington's unemployment rate to decline eventually if the economic expansion continues.
In Oregon meanwhile, the state unemployment rate tumbled to 4.5 percent in March -- the lowest mark since comparable record keeping began way back in 1976. Idaho will report its latest jobs numbers later this week.
The national unemployment rate stands at 5.0 percent.