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<div class=\"blog-text\">
<h2>Overall unemployment rate moved down to 5.8% with the biggest shift in Restaurants &amp; Hotels, which gained 9,600 roles, based on the most recently available information published in April 2021.</h2>

<p>Total employment in the Seattle-Tacoma-Bellevue, WA market rose by 41,947 jobs in February and the unemployment rate decreased compared to the prior month by 90 bps to 5.8%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Seattle-Tacoma-Bellevue, WA unemployment rate is 75 bps below the national rate which is a positive sign.</li>
	<li><i class=\"fa fa-check-circle\"></i> Unemployment in the market is 280 bps above the unemployment rate in the market last year at this time, which is a negative.</li>
	<li><i class=\"fa fa-check-circle\"></i> Average wages (per hour) declined in February versus prior month by -3.1% and are down compared to last year at this time in the market.</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading text-center w-50 h-3\">Month over Month Unemployment Change</div>

<div class=\"heading text-center w-50 h-3\">Year over Year Unemployment Change</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC  Unemployment October 2020.png\"><img alt=\"Seattle-Tacoma-Bellevue, WA Unemployment February 2021\" class=\"img-responsive center-block\" height=\"750\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Seattle-Tacoma-Bellevue%2C%20WA%20February%202021%20Bar%20Charts.png\" width=\"3241\" /></a></div>

<p>For key employment segments of the market, total jobs grew by 1.2% . Key sectors include:</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Transportation &amp; Utilities: 395,700; -400</li>
	<li><i class=\"fa fa-check-circle\"></i> Business Services: 301,400; +4,400</li>
	<li><i class=\"fa fa-check-circle\"></i> Education &amp; Healthcare: 279,700; +3,600</li>
	<li><i class=\"fa fa-check-circle\"></i> Government: 258,700; +1,200</li>
	<li><i class=\"fa fa-check-circle\"></i> Manufacturing: 157,100; +800</li>
	<li><i class=\"fa fa-check-circle\"></i> IT &amp; Development: 136,600; -700</li>
	<li><i class=\"fa fa-check-circle\"></i> Restaurants &amp; Hotels: 135,000; +9,600</li>
	<li><i class=\"fa fa-check-circle\"></i> Construction, Mining: 133,100; +4,100</li>
	<li><i class=\"fa fa-check-circle\"></i> Financial Services: 99,200; -100</li>
	<li><i class=\"fa fa-check-circle\"></i> Other Jobs: 69,300; +700</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading logo h-3\">Employment Change by Key Sector</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC Unemployment by Industry October 2020.png\"><img alt=\"Seattle-Tacoma-Bellevue, WA Unemployment by Industry February 2021\" class=\"img-responsive center-block\" height=\"1084\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Seattle-Tacoma-Bellevue%2C%20WA%20February%202021%20Bubble%20Charts.png\" width=\"2566\" /> </a></div>

<p><i>Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021).&nbsp; Source: Government data agency and locally acquired statistics.</i></p>

<p><i>Note: All reported data is not seasonally adjusted.</i></p>
</div>


market-summary

Employment Snapshot - Seattle-Tacoma-Bellevue, WA February-2021

<div class=\"blog-text\">
<h2>Overall unemployment rate moved down to 6.7% with the biggest shift in Transportation &amp; Utilities, which lost 10,100 roles, based on the most recently available information published in March 2021.</h2>

<p>Total employment in the Seattle-Tacoma-Bellevue, WA market rose by 35,063 jobs in January and the unemployment rate decreased compared to the prior month by 50 bps to 6.7%. The national unemployment rate increased by 31 bps over the same time to 6.8%.</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Seattle-Tacoma-Bellevue, WA unemployment rate is 11 bps below the national rate which is a positive sign.</li>
	<li><i class=\"fa fa-check-circle\"></i> Unemployment in the market is 340 bps above the unemployment rate in the market last year at this time, which is a negative.</li>
	<li><i class=\"fa fa-check-circle\"></i> Average wages (per hour) declined in January versus prior month by -2.4% and are down compared to last year at this time in the market.</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading text-center w-50 h-3\">Month over Month Unemployment Change</div>

<div class=\"heading text-center w-50 h-3\">Year over Year Unemployment Change</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC  Unemployment October 2020.png\"><img alt=\"Seattle-Tacoma-Bellevue, WA Unemployment January 2021\" class=\"img-responsive center-block\" height=\"797\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Seattle-Tacoma-Bellevue%2C%20WA%20January%202021%20Bar%20Charts.png\" width=\"3242\" /></a></div>

<p>For key employment segments of the market, total jobs declined by -1.1%. Key sectors include:</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Transportation &amp; Utilities: 396,000; -10,100</li>
	<li><i class=\"fa fa-check-circle\"></i> Business Services: 298,600; -7,600</li>
	<li><i class=\"fa fa-check-circle\"></i> Education &amp; Healthcare: 275,100; +1,400</li>
	<li><i class=\"fa fa-check-circle\"></i> Government: 257,900; +700</li>
	<li><i class=\"fa fa-check-circle\"></i> Manufacturing: 155,900; -2,300</li>
	<li><i class=\"fa fa-check-circle\"></i> IT &amp; Development: 137,000; +800</li>
	<li><i class=\"fa fa-check-circle\"></i> Construction, Mining: 129,100; -1,800</li>
	<li><i class=\"fa fa-check-circle\"></i> Restaurants &amp; Hotels: 124,900; -800</li>
	<li><i class=\"fa fa-check-circle\"></i> Financial Services: 99,300; -900</li>
	<li><i class=\"fa fa-check-circle\"></i> Other Jobs: 68,300; -1,200</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading logo h-3\">Employment Change by Key Sector</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC Unemployment by Industry October 2020.png\"><img alt=\"Seattle-Tacoma-Bellevue, WA Unemployment by Industry January 2021\" class=\"img-responsive center-block\" height=\"1109\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Seattle-Tacoma-Bellevue%2C%20WA%20January%202021%20Bubble%20Charts.png\" width=\"2566\" /> </a></div>

<p><i>Data is based on the most recent 12 months available, through January 2021 (Data published March 2021 and reports created on March 25, 2021).&nbsp; Source: Government data agency and locally acquired statistics.</i></p>

<p><i>Note: All reported data is not seasonally adjusted.</i></p>
</div>


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