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Economy in Review Southeastern Washington

Economy in Review Southeastern Washington. Southeast Regional Academy- PWB & CERB Ajša Sulji ć - Regional Labor Economist Employment Security Department May 22 nd , 2013.

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Economy in Review Southeastern Washington

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  1. Economy in Review Southeastern Washington Southeast Regional Academy- PWB & CERB Ajša Suljić-Regional Labor Economist Employment Security Department May 22nd , 2013

  2. Three Years of High Unemployment Rates2012 and 2013 are showing downward trendAverage Annual Unemployment Rates, 1990-2012

  3. Unemployment rate by County

  4. Local counties in recovery stateNonfarm employment (Indexed trend, Dec 2007=100)

  5. Uneven growth across the area…

  6. Key Industries • Government is the largest sector in all nine counties • Garfield 60.2% • Whitman 44.7% • Columbia 36.5% • Asotin 20.8% • Walla Walla 20.8% • Adams 21.7% • Franklin 19.2% • Second Largest Industries are: • Agriculture (Adams 23.3%, Franklin 19.7%, Columbia 11.9%, WW 13.6%) • Health care (Asotin-17.0%, Walla Walla-14.4% and Whitman-8.5%) • Retail trade ( All Counties (7.8% to 19.0%) Source: Bureau of Labor Statistics-QCEW, Employment Security Department-LMEA

  7. Payroll growth is big plus…

  8. Percent Change in Population 2010-2012Franklin County growth 9.8%Columbia County loss 2.0% Whatcom Pend Oreille Okanogan San Juan Ferry Skagit Stevens Island Clallam Snohomish Chelan Jefferson Douglas Kitsap Lincoln Spokane King Grays Harbor Mason Grant Kittitas Pierce Adams Whitman Thurston Lewis Pacific Franklin Garfield Yakima Columbia Wah. Cowlitz Skamania Benton Walla Walla Asotin Klickitat Clark

  9. 2011 PCP and MH Incomes • State MH income $56,537 and national MH of $50,502. • State PCP income of $43,878 and national PCP of $45,560.

  10. Going forward… • Most of the counties are on the road to recovery, but very slow and uneven • Replacement employment need • Industries that will be leading growth • Health Care and Social Assistance • Employment in manufacturing (incl. food proc.), health services, transportation (distr. chain), financial services, forest services and mining will continue to dominate employment in number and percentage of the labor force.

  11. Thank You Ajša Suljić Regional Labor Economist ASuljic@esd.wa.gov 509-734-5928 esd.wa.gov/employmentdata

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