Overall unemployment rate moved up to 6.8% with the biggest shift in Transportation & Utilities, which lost 300 roles, based on the most recently available information published in April 2023.
Total employment in the Mount Vernon-Anacortes, WA market rose by 601 jobs in February and the unemployment rate increased compared to the prior month by 80 bps to 6.8%. The national unemployment rate increased by 3 bps over the same time to 3.9%.
- Mount Vernon-Anacortes, WA unemployment rate is 291 bps above the national rate which is a negative sign.
- Unemployment in the market is 80 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) declined in February versus prior month by -2.7% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.5%. Key sectors include:
- Government: 11,800; +100
- Transportation & Utilities: 9,900; -300
- Manufacturing: 6,000; no change
- Restaurants & Hotels: 4,900; no change
- Construction, Mining: 4,300; no change
Data is based on the most recent 12 months available, through February 2023 (Data published April 2023 and reports created on April 10, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.