below 7 percent for the first time since 2008
Wed March 19, 2014
Unemployment Rate Holds Steady In Washington, Dips In Oregon
Originally published on Wed March 19, 2014 3:31 pm
Washington state's unemployment rate held steady in February at 6.4 percent according to fresh numbers from the state Employment Security Department.
State labor economist Paul Turek says an economy in growth mode is luring discouraged jobseekers off the sidelines and swelling the labor pool.
"The labor market was able to sufficiently absorb the new numbers that entered into the labor force in terms of providing some jobs for them," he says. "So it is positive even though the unemployment rate did not drop and stayed constant."
Turek says Washington employers have added 15,000 jobs statewide over the past three months.
In Oregon, the unemployment rate was pegged below 7 percent for the first time since 2008. New numbers released Tuesday put Oregon's jobless rate at 6.9 percent in February, down one-tenth of a point from January.