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Freya Thomsen

What is the rate (%) of unemployment in Washington state right now?

I've been hearing different numbers about Washington's unemployment rate lately and I'm trying to figure out what's accurate. Some sources say it's around 4.2% but others mention different percentages. Does Washington ESD publish official unemployment rate data? I'm curious because I'm considering relocating here for work and want to understand the job market situation. Also wondering if the rate varies significantly between Seattle metro area vs rural parts of the state?

Omar Fawaz

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The Bureau of Labor Statistics releases monthly unemployment rates for each state. As of December 2024, Washington's unemployment rate was 4.1%, which is actually below the national average of 4.2%. Washington ESD doesn't calculate the rate themselves - they provide data to BLS who does the official calculations.

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Freya Thomsen

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Thanks! Where can I find the most current numbers? Is there a specific BLS page for Washington?

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Omar Fawaz

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Check the BLS state employment page - they update it monthly. Washington ESD also posts a summary on their labor market info section.

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Chloe Martin

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Keep in mind unemployment rates can be misleading because they don't count people who've stopped looking for work or are underemployed. The rate also varies dramatically by county - King County (Seattle) might be 3.5% while some rural counties could be 6-7%.

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Diego Rojas

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This is so true! I live in eastern Washington and our local rate is much higher than the state average.

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Yeah the Seattle tech industry really skews the state numbers downward

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StarSeeker

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If you're looking at job market health, also check the labor force participation rate. Washington's been hovering around 63-64% which is pretty solid. More important than just the unemployment percentage imo.

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Freya Thomsen

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Good point - I hadn't thought about participation rates. That gives a better picture of the overall economy.

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I've been tracking this because I work in workforce development. The unemployment rate fluctuates seasonally too - usually higher in winter months due to construction and tourism layoffs. January 2025 numbers should be out soon and will probably show a slight uptick from December.

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Zara Ahmed

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Makes sense about seasonal variations. Do you know if Washington ESD adjusts for seasonal factors in their reporting?

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BLS publishes both seasonally adjusted and non-adjusted numbers. The adjusted rate smooths out those seasonal bumps.

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Luca Esposito

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honestly these government statistics are pretty useless. they dont count people like me who gave up looking or are working gig jobs that barely pay rent. the real unemployment is way higher than 4%

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Chloe Martin

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You're thinking of the U-6 rate which includes discouraged workers and part-time for economic reasons. That's usually about double the official rate.

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Diego Rojas

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The Employment Security Department website has a labor market info section with county-by-county breakdowns. Really helpful if you're considering specific areas. Some counties are doing great while others are struggling.

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Freya Thomsen

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Perfect, I'll check that out. Looking at the Spokane area specifically.

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Diego Rojas

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Spokane's been improving lately but still above state average. Check their economic development council too for local insights.

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Just remember unemployment rates are a lagging indicator. By the time they show a problem, it's already been happening for months. Job posting trends might be more useful for timing a move.

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Nia Thompson

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Good advice - I use Indeed's job trends tool to see if postings are increasing or decreasing in different areas.

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been unemployed for 3 months and honestly the statistics feel pretty meaningless when youre in the thick of it. lots of people i know are struggling to find decent paying work even though the rate looks good on paper

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Sorry you're going through that. The aggregate numbers definitely don't capture individual experiences or quality of available jobs.

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thanks, just venting i guess. the job market feels tougher than 4% would suggest

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I work in HR and we track unemployment rates for compensation planning. Washington's rate has been pretty stable the past year, which suggests a mature labor market. Not super hot but not in decline either.

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Freya Thomsen

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That's helpful context. Stable sounds good for someone planning a move.

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Check out the Federal Reserve Bank of St. Louis FRED database too. They have interactive charts showing Washington unemployment trends over time. Really useful for seeing patterns.

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Omar Fawaz

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FRED is great for historical context. You can see how Washington recovered from the 2020 spike.

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Ethan Wilson

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The rate doesn't tell you everything about job quality though. Lots of those employed people are in part-time or contract work without benefits. Something to consider when evaluating the market.

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Yuki Tanaka

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True - gig economy has really changed what 'employed' means

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Carmen Diaz

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Washington's tech sector really drives the low unemployment numbers. If you're not in tech, the picture might look different. Construction and manufacturing have been more volatile.

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Freya Thomsen

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I'm in healthcare so hopefully that's more stable than tech booms and busts

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Carmen Diaz

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Healthcare is definitely more stable. Washington has aging population so demand should stay strong.

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Andre Laurent

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dont forget about underemployment too. plenty of people with degrees working retail or food service because they cant find anything in their field. the unemployment rate doesnt capture that struggle

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Chloe Martin

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Exactly why economists look at multiple indicators, not just the headline unemployment rate.

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AstroAce

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For what it's worth, Washington's unemployment insurance system is pretty robust compared to other states. If you do end up unemployed here, the benefits are decent and Washington ESD has good online systems.

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Freya Thomsen

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That's reassuring to know. Hopefully won't need it but good to have a safety net.

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The unemployment rate also doesn't account for people who are working multiple part-time jobs just to make ends meet. Washington's cost of living in some areas means even full employment doesn't guarantee financial stability.

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Jamal Brown

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Cost of living is huge factor. 4% unemployment in Seattle hits different than 4% in Yakima

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Mei Zhang

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Bottom line: 4.1% is the current official rate but look deeper into your specific industry and location. The state average can be misleading depending on where you want to live and what kind of work you do.

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Freya Thomsen

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Makes sense. I'll dig into healthcare employment specifically in the Spokane area. Thanks everyone for all the insights!

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