Overall unemployment rate moved down to 3.7% with the biggest shift in Restaurants & Hotels, which gained 300 roles, based on the most recently available information published in August 2022.

Total employment in the Olympia-Tumwater, WA market declined by 182 jobs in July and the unemployment rate decreased compared to the prior month by 70 bps to 3.7%. The national unemployment rate decreased by 5 bps over the same time to 3.8%.

  • Olympia-Tumwater, WA unemployment rate is 8 bps below the national rate which is a positive sign.
  • Unemployment in the market is 160 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in July versus prior month by 20.4% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Olympia-Tumwater, WA Unemployment July 2022

For key employment segments of the market, total jobs declined by -0.2%. Key sectors include:

  • Government: 39,700; -300
  • Transportation & Utilities: 19,000; -100
  • Education & Healthcare: 18,600; -200
  • Business Services: 13,200; no change
  • Restaurants & Hotels: 11,300; +300
  • Construction, Mining: 7,700; no change
  • Other Jobs: 4,700; no change
  • Financial Services: 4,100; no change
  • Manufacturing: 3,400; no change
  • IT & Development: 1,600; no change
Olympia-Tumwater, WA Unemployment by Industry July 2022

Data is based on the most recent 12 months available, through July 2022 (Data published August 2022 and reports created on September 2, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.