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

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Presentation on theme: "1 Economy in Review Southeastern Washington Southeast Regional Academy- PWB & CERB Ajša Suljić-Regional Labor Economist Employment Security Department."— Presentation transcript:

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

2 2 Three Years of High Unemployment Rates 2012 and 2013 are showing downward trend Average Annual Unemployment Rates, 1990-2012

3 3 Unemployment rate by County

4 4 Local counties in recovery state Nonfarm employment (Indexed trend, Dec 2007=100)

5 5 Uneven growth across the area…

6 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 7 Payroll growth is big plus…

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

9 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. Area Median Household Income (2011) Per Capita Personal Income (2011) Adams $ 40,675 $ 31,704 Asotin $ 41,864 $ 35,230 Columbia $ 42,463 $ 39,259 Franklin $ 48,904 $ 29,711 Garfield $ 46,302 $ 35,999 Walla $ 47,570 $ 35,276 Whitman $ 35,860 $ 30,379

10 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 11 Thank You Ajša Suljić Regional Labor Economist ASuljic@esd.wa.gov 509-734-5928 esd.wa.gov/employmentdata

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