Tuesday, February 24, 2009

Washington State's Unemployment Rate Stands at 7.8%

According to the Seattle Times the state of Washington's unemployment rate for January 2009 is 7.8%. Declines were seen in most industries, especially in construction and manufacturing.

The Unemployment increased from 4.5% in January 2008 to 7.8% in January 2009---This is a very large increase that is likely going to be duplicated across many other states. (Typically by this time of the month the Bureau of Labor Statistics would have reported each state's unemployment rate---however, due to a "computer glitch" these statistics have been delayed)

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