Overall unemployment rate moved down to 6.2% with the biggest shift in Construction, Mining, which gained 100 roles, based on the most recently available information published in April 2022.
Total employment in the Mount Vernon-Anacortes, WA market rose by 662 jobs in February and the unemployment rate decreased compared to the prior month by 10 bps to 6.2%. The national unemployment rate decreased by 28 bps over the same time to 4.1%.
- Mount Vernon-Anacortes, WA unemployment rate is 206 bps above the national rate which is a negative sign.
- Unemployment in the market is 140 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in February versus prior month by -3.0% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Government: 11,600; +100
- Transportation & Utilities: 9,700; no change
- Manufacturing: 6,100; +100
- Restaurants & Hotels: 4,800; +100
- Construction, Mining: 4,200; +100
Data is based on the most recent 12 months available, through February 2022 (Data published April 2022 and reports created on April 6, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.