Overall unemployment rate moved down to 5.1% with the biggest shift in Transportation & Utilities, which gained 400 roles, based on the most recently available information published in May 2023.
Total employment in the Mount Vernon-Anacortes, WA market rose by 881 jobs in March and the unemployment rate decreased compared to the prior month by 150 bps to 5.1%. The national unemployment rate decreased by 27 bps over the same time to 3.6%.
- Mount Vernon-Anacortes, WA unemployment rate is 148 bps above the national rate which is a negative sign.
- Unemployment in the market is 50 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in March versus prior month by 0.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 2.2% . Key sectors include:
- Government: 12,000; +200
- Transportation & Utilities: 10,300; +400
- Manufacturing: 6,000; no change
- Restaurants & Hotels: 5,000; +100
- Construction, Mining: 4,400; +100
Data is based on the most recent 12 months available, through March 2023 (Data published May 2023 and reports created on May 9,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.