Overall unemployment rate moved up to 5.0% with the biggest shift in Restaurants & Hotels, which gained 200 roles, based on the most recently available information published in June 2022.
Total employment in the Mount Vernon-Anacortes, WA market declined by 257 jobs in May and the unemployment rate increased compared to the prior month by 10 bps to 5.0%. The national unemployment rate increased by 4 bps over the same time to 3.4%.
- Mount Vernon-Anacortes, WA unemployment rate is 162 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) declined in May versus prior month by -9.0% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.8% . Key sectors include:
- Government: 11,800; no change
- Transportation & Utilities: 9,500; no change
- Manufacturing: 6,200; +100
- Restaurants & Hotels: 5,200; +200
- Construction, Mining: 4,300; no change
Data is based on the most recent 12 months available, through May 2022 (Data published June 2022 and reports created on June 29, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.