Overall unemployment rate moved up to 5.0% with the biggest shift in Restaurants & Hotels, which gained 600 roles, based on the most recently available information published in January 2022.
Total employment in the Spokane-Spokane Valley, WA market declined by 770 jobs in November and the unemployment rate increased compared to the prior month by 110 bps to 5.0%. The national unemployment rate decreased by 4 bps over the same time to 3.4%.
- Spokane-Spokane Valley, WA unemployment rate is 164 bps above the national rate which is a negative sign.
- Unemployment in the market is 100 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in November versus prior month by 10% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.8% . Key sectors include:
- Education & Healthcare: 55,700; +400
- Transportation & Utilities: 53,300; +600
- Government: 41,100; +100
- Business Services: 30,400; +500
- Restaurants & Hotels: 26,300; +600
- Manufacturing: 18,500; no change
- Construction, Mining: 16,000; -400
Data is based on the most recent 12 months available, through November 2022 (Data published January 2022 and reports created on January 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.