Seattle/Bellevue/Everett jobless rate drops to 5.9%

3d-down-arrow-arrow-down-sign-pixmac-icon-47742637The February jobless rate for the Seattle/Bellevue/Everett area dropped below 6%. The area has regained 82.3 percent of the payroll jobs it lost during the slump. The rest of the state: just over half.

In King and Snohomish counties, which together make up the Seattle/Bellevue/Everett metro area, the seasonally adjusted jobless rate fell in February to 5.9 percent. That marked the first reading below 6 percent since November 2008.

Much of the local strength has been in aerospace and other manufacturing, Vance-Sherman said. Over the past year, the area has added 5,900 manufacturing jobs, including 4,800 in aerospace.

Other strong local sectors have included retail (up 8,500 jobs in the past year), health care and social services (up 3,600), bars and restaurants (up 3,000), and computer- systems design (up 2,400). The local construction industry gained 3,700 jobs over the past 12 months, despite cutting 700 jobs last month.   Seattle Times, March 21, 2013

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