Overall unemployment rate moved down to 4.3% with the biggest shift in Construction, Mining, which gained 500 roles, based on the most recently available information published in June 2022.
Total employment in the Spokane-Spokane Valley, WA market declined by 4,215 jobs in April and the unemployment rate decreased compared to the prior month by 100 bps to 4.3%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- Spokane-Spokane Valley, WA unemployment rate is 96 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) grew in April versus prior month by 7.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.7% . Key sectors include:
- Education & Healthcare: 55,800; +300
- Transportation & Utilities: 52,700; +300
- Government: 40,900; -100
- Business Services: 28,200; -100
- Restaurants & Hotels: 24,300; +300
- Manufacturing: 17,700; +100
- Construction, Mining: 16,100; +500
- Financial Services: 15,000; +400
- Other Jobs: 9,500; +100
- IT & Development: 2,900; no change
Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.