Overall unemployment rate moved up to 3.9% with the biggest shift in Government, which gained 600 roles, based on the most recently available information published in December 2021.
Total employment in the Spokane-Spokane Valley, WA market rose by 2,689 jobs in October and the unemployment rate increased compared to the prior month by 10 bps to 3.9%. The national unemployment rate decreased by 30 bps over the same time to 4.3%.
- Spokane-Spokane Valley, WA unemployment rate is 36 bps below the national rate which is a positive sign.
- Unemployment in the market is 190 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in October versus prior month by 7.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Education & Healthcare: 62,300; +500
- Transportation & Utilities: 46,900; +100
- Government: 40,700; +600
- Business Services: 27,400; +100
- Restaurants & Hotels: 23,900; +200
- Manufacturing: 17,200; -200
- Construction, Mining: 16,300; -200
- Financial Services: 13,900; +500
- Other Jobs: 9,900; -100
- IT & Development: 3,100; -100
Data is based on the most recent 12 months available, through October 2021 (Data published December 2021 and reports created on December 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.