Washington state unemployment rate drops to 4.7% in October despite job losses

OLYMPIA, Wash. – Washington’s economy saw a significant dip in October, losing an estimated 35,900 jobs, yet the state’s unemployment rate decreased slightly to 4.7%. “October shows an unusually high drop in jobs, unlike the relatively small changes over the past several months,” said Anneliese Vance-Sherman, chief labor economist for the Employment Security Department. “This is largely a reflection of the now-resolved strike by Boeing machinists.”

Story continues

TRENDING NOW

LATEST LOCAL NEWS