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1 State of the state: Washington’s labor market Employment Services Advisory Committee November 12, 2015 Cynthia Forland, Director, Labor Market and Performance.

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Presentation on theme: "1 State of the state: Washington’s labor market Employment Services Advisory Committee November 12, 2015 Cynthia Forland, Director, Labor Market and Performance."— Presentation transcript:

1 1 State of the state: Washington’s labor market Employment Services Advisory Committee November 12, 2015 Cynthia Forland, Director, Labor Market and Performance Analysis

2 2 Unemployment rate continues to decrease Source: Employment Security Department/LMPA; U.S. Bureau of Labor Statistics/LAUS. U.S. recessions are shaded in gray.

3 3 Underemployment Source: Employment Security Department/LMPA; U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics. U.S. recessions are shaded in gray.

4 4 Unemployment around the state Source: Employment Security Department/LMPA; U.S. Bureau of Labor Statistics/LAUS

5 5 Nonfarm employment in Washington Source: Employment Security Department/LMPA; U.S. Bureau of Labor Statistics, Current Employment Statistics. U.S. recessions are shaded in gray. Currently up 5.4% (162,000 jobs) from previous employment peak

6 6 Retail trade industry added most jobs over the year Source: Employment Security Department/LMPA; U.S. Bureau of Labor Statistics/CES

7 7 Employment rates Employment rates have been flat since January 2009 Source: Employment Security Department/LMPA; U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics. U.S. recessions are shaded in gray.

8 8 Unemployment benefits Unemployment recipients down to historical low Source: Employment Security Department/LMPA; Unemployment Insurance Data Warehouse

9 9 WorkSource customers Source: Employment Security Department/LMPA, SKIES, Go2 and SSMS Data 0

10 10 www.esd.wa.gov/employmentdata

11 11 Supplemental slides

12 12 Washington’s workforce is aging Source: Employment Security Department/LMPA; U.S. Census Bureau/LEHD

13 13 Steady growth in portion of those 65 and over who are working Source: Employment Security Department/LMPA; U.S. Census Bureau, LEHD

14 14 Employment trends by age groups Source: U.S. Census Bureau, LEHD


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