By Donald Meseck, Employment Security’s labor economist for Yakima, Kittitas, Grant, Douglas, Chelan, Adams and Okanogan counties
Each month, the Employment Security Department releases statewide and county employment and unemployment data for the previous month.
This report provides an update on the Grant County economy incorporating current, not seasonally adjusted, nonfarm employment and civilian labor force data. Analysis focuses on year-over-year (between the Marches of 2014 and 2015) and average annual (between 2013 and 2014) labor market changes.
Unemployment rates
Preliminary labor force data show that Washington state’s average annual not seasonally adjusted unemployment rate decreased eight-tenths of a percentage point between 2013 and 2014, from 7.0 percent to 6.2 percent. Between the Marches of 2014 and 2015 the rate declined one and one-tenths points, from 6.8 to 5.7 percent.
In Grant County, the average annual unemployment rate decreased one and one-tenths percentage points between 2013 and 2014, from 8.8 to 7.7 percent. The rate decreased one and one-tenths points this March to 8.1 percent from the 9.2 percent reading in March 2014 (see Figure 1) as the number of unemployed residents dropped and the labor force expanded (see Figure 3).
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