The jobless rate in the Seattle-Bellevue-Everett region of western Washington was 3.7 percent, down from 3.8 percent in June.
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But 32,700 new workers flooded into the state’s labor force in July, expanding the labor pool by 2.3 percent to 1.43 million and effectively canceling out much of the new jobs’ effect on the unemployment rate.
The latest report Wednesday from the state’s Employment Security Department shows that the jobless rate for July was the same as the previous month, and that the private sector gained 5,900 jobs from June to July. When part-timers who want to be full-time, as well as people who’ve quit looking for work are counted, the rate goes up to 12.4%. He says more than 420,000 private sector jobs and opportunities have been created since the end of 2010.
Nevada’s unemployment rate remains below 7 percent, taking another slight dip in July.
“Michigan’s labor market has displayed consistent recent job gains, and has outpaced the national growth rate in payroll jobs so far in 2015”, said Jason Palmer, director of the Bureau of Labor Market Information and Strategic Initiatives. The state’s remaining major industry sectors were little changed over the month. The labor force is the total number of people, both employed and unemployed, over the age of 16. Construction continues to lead in terms of percentage growth rate, adding 6,800 jobs whereas leisure and hospitality saw the most nominal growth in July, adding more than 20,000 jobs.
Education and health services with 12,300 new jobs.
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Each quarter economists benchmark monthly job gains and losses, replacing estimates gleaned from surveys of employers each month with data from employer tax records.
