Overall unemployment rate moved down to 5.9% with the biggest shift in Transportation & Utilities, which lost 1,000 roles, based on the most recently available information published in March 2021.
Total employment in the Bremerton-Silverdale, WA market declined by 3,559 jobs in January and the unemployment rate decreased compared to the prior month by 40 bps to 5.9%. The national unemployment rate increased by 31 bps over the same time to 6.8%.
- Bremerton-Silverdale, WA unemployment rate is 91 bps below the national rate which is a positive sign.
- Unemployment in the market is 150 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in January versus prior month by 4.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -2.0%. Key sectors include:
- Government: 32,200; -100
- Transportation & Utilities: 13,100; -1,000
- Business Services: 8,400; -200
- Restaurants & Hotels: 7,100; no change
- Construction, Mining: 5,000; no change
- Manufacturing: 2,600; -100
Data is based on the most recent 12 months available, through January 2021 (Data published March 2021 and reports created on March 25, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.