Published February
2002
Jobless
rate holds steady, ‘up significantly’ over year
By
Mike Benbow
Herald Economy Editor
OLYMPIA — The jobless
rates for Snohomish County and the state as a whole remained unchanged
in December after rapid rises during the two previous months.
But officials from
the state Employment Security Department say it’s only a temporary lull
in the employment storm, and things should worsen as the Boeing Co. continues
to cut thousands of workers from its payroll.
“Although the unemployment
rate was unchanged, it is up significantly over the year,” said Security
Commissioner Sylvia Mundy. “The rise in the rate reflects a continuing
loss of jobs. Manufacturing was weak across the board, with the job losses
particularly strong for aerospace firms.”
Statewide, unemployment
was reported at 7 percent in December. The state initially reported November’s
jobless rate at 6.8 percent, but later revised the figure upward to 7
percent.
In Snohomish County,
the 6.3 percent rate translated into 21,900 people without jobs and 324,500
still working.
Overall, the county
has lost 5,300 jobs during the past year, said Donna Thompson, Snohomish
County labor economist for employment security.
In Snohomish County,
there were some 27,400 people still working in the aircraft and parts
industry in December. That’s down 3,100 jobs, or 11.3 percent, from a
year ago, when 30,500 people had Boeing-related jobs. The state lost 4,400
aircraft-related jobs in December.
Boeing laid off some
workers in December and gave 60-day layoff notices to others. Thompson
said the full effects of those layoffs weren’t reflected in the December
numbers because of the timing.
Thompson noted unemployment
was 4.8 percent in Snohomish County in September, rising quickly to 5.7
percent in October and 6.3 percent in November.
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