Meadow CreekNews

State of Our Local Economy

Filed under Community Interest, Economy on June 1, 2012

Despite the poor jobs report today, the Seattle area is doing far better than the national average.

http://www.bls.gov/eag/eag.wa_seattle_md.htm

On a more sobering note, the state is doing worse than the national average on the broader measure of unemployment that includes marginally attached (no job search in 4 weeks), discouraged workers (no longer in the labor force, but have looked for work in the last 12 months) and those employed only part-time due to economic reasons. The State of Washington rate was 17.6% vs. 15.6% for the nation.

Discourages

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