Overall unemployment rate moved up to 6.4% with the biggest shift in Transportation & Utilities, which lost 600 roles, based on the most recently available information published in March 2022.
Total employment in the Mount Vernon-Anacortes, WA market declined by 1,069 jobs in January and the unemployment rate increased compared to the prior month by 200 bps to 6.4%. The national unemployment rate increased by 74 bps over the same time to 4.4%.
- Mount Vernon-Anacortes, WA unemployment rate is 197 bps above the national rate which is a negative sign.
- Unemployment in the market is 100 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in January versus prior month by 2.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -2.2%. Key sectors include:
- Government: 11,700; no change
- Transportation & Utilities: 9,700; -600
- Manufacturing: 6,000; no change
- Restaurants & Hotels: 4,700; -100
- Construction, Mining: 4,100; -100
Data is based on the most recent 12 months available, through January 2022 (Data published March 2022 and reports created on March 18, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.