Overall unemployment rate moved up to 5.0% with the biggest shift in Transportation & Utilities, which lost 400 roles, based on the most recently available information published in April 2022.

Total employment in the Olympia-Tumwater, WA market rose by 36 jobs in March and the unemployment rate increased compared to the prior month by 10 bps to 5.0%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.

  • Olympia-Tumwater, WA unemployment rate is 125 bps above the national rate which is a negative sign.
  • Unemployment in the market is 110 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 12.2% 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 March 2022

For key employment segments of the market, total jobs declined by -0.1%. Key sectors include:

  • Government: 40,300; no change
  • Transportation & Utilities: 19,000; -400
  • Education & Healthcare: 18,700; no change
  • Business Services: 13,000; -300
  • Restaurants & Hotels: 10,500; +200
  • Construction, Mining: 7,300; +100
  • Other Jobs: 4,600; +100
  • Financial Services: 4,200; +100
  • Manufacturing: 3,300; +100
  • IT & Development: 1,500; no change
Olympia-Tumwater, WA Unemployment by Industry March 2022

Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.