Overall unemployment rate moved up to 4.4% with the biggest shift in Transportation & Utilities, which gained 300 roles, based on the most recently available information published in February 2022.
Total employment in the Mount Vernon-Anacortes, WA market declined by 67 jobs in December and the unemployment rate increased compared to the prior month by 10 bps to 4.4%. The national unemployment rate decreased by 20 bps over the same time to 3.7%.
- Mount Vernon-Anacortes, WA unemployment rate is 71 bps above the national rate which is a negative sign.
- Unemployment in the market is 320 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in December versus prior month by -4.0% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Government: 11,400; no change
- Transportation & Utilities: 11,000; +300
- Manufacturing: 6,200; no change
- Restaurants & Hotels: 4,700; -100
- Construction, Mining: 4,300; -100
Data is based on the most recent 12 months available, through December 2021 (Data published February 2022 and reports created on February 4, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.