Overall unemployment rate moved down to 5.4% with the biggest shift in Education & Healthcare, which gained 800 roles, based on the most recently available information published in April 2022.
Total employment in the Spokane-Spokane Valley, WA market rose by 1,923 jobs in March and the unemployment rate decreased compared to the prior month by 20 bps to 5.4%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.
- Spokane-Spokane Valley, WA unemployment rate is 165 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 March versus prior month by 8.1% and are down 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: 56,000; +800
- Transportation & Utilities: 52,800; no change
- Government: 41,100; +300
- Business Services: 27,900; -200
- Restaurants & Hotels: 24,100; +200
- Manufacturing: 17,600; +200
- Construction, Mining: 15,700; +300
- Financial Services: 14,500; +100
- Other Jobs: 9,400; +100
- IT & Development: 2,900; no change
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.