Overall unemployment rate moved down to 3.8% with the biggest shift in Government, which lost 1,400 roles, based on the most recently available information published in August 2022.
Total employment in the Spokane-Spokane Valley, WA market declined by 225 jobs in July and the unemployment rate decreased compared to the prior month by 60 bps to 3.8%. The national unemployment rate decreased by 5 bps over the same time to 3.8%.
- Spokane-Spokane Valley, WA unemployment rate is 2 bps above the national rate which is a negative sign.
- Unemployment in the market is 170 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 7.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.2%. Key sectors include:
- Education & Healthcare: 55,200; +700
- Transportation & Utilities: 52,900; -300
- Government: 39,900; -1,400
- Business Services: 29,400; +200
- Restaurants & Hotels: 25,500; no change
- Manufacturing: 18,600; +300
- Construction, Mining: 16,600; +100
- Financial Services: 14,800; -200
- Other Jobs: 9,700; +100
- IT & Development: 3,000; no change
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.