Overall unemployment rate moved down to 4.1% with the biggest shift in Restaurants & Hotels, which lost 100 roles, based on the most recently available information published in November 2022.
Total employment in the Mount Vernon-Anacortes, WA market declined by 150 jobs in September and the unemployment rate decreased compared to the prior month by 70 bps to 4.1%. The national unemployment rate decreased by 47 bps over the same time to 3.3%.
- Mount Vernon-Anacortes, WA unemployment rate is 78 bps above the national rate which is a negative sign.
- Unemployment in the market is 130 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in September versus prior month by -7.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.3%. Key sectors include:
- Government: 11,400; no change
- Transportation & Utilities: 9,800; no change
- Manufacturing: 6,400; no change
- Restaurants & Hotels: 5,300; -100
- Construction, Mining: 4,300; no change
Data is based on the most recent 12 months available, through September 2022 (Data published November 2022 and reports created on November 2, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.