Seattle Economy
Seattle Is Now the Laboratory of This Nations Future
Prepare for more sacrifice ahead in the battle against the coronavirus, but dont let dread of the future paralyze you in the present
Washington Gov. Jay Inslees emergency proclamation temporarily shutting down restaurants, bars and recreational facilities statewide and prohibiting all gatherings of more than 50 people is part of an escalating social-distancing effort that also is drastically constricting economic activity. Its a public-health response aimed at limiting the deadly reach of the coronavirus (COVID-19). So, it seems…
Seattle Metro Ranks No. 1 for Small Business Job Growth, While National Rate Dips
Washington state also ranks second in the U.S. for job growth, and the city and state both rank well for wage growth, too.
Washington state and the Seattle metro are national leaders in small business jobs and wage growth, according to a new report. The November results of the Paychex IHS Small Business Employment Watch showed the Seattle metro jumping to first overall in small business jobs growth. The Seattle metro was No. 1 on the list for…
Seattle Sees Fastest Wage Growth in the U.S. in October
Tied with San Francisco for best in the nation, Seattle's wages grew 2.1 percent from October 2016 to October 2017 to a median salary north of $60,000.
Wages are up for almost every occupation in the Seattle region, which ties San Francisco as the metro with the fastest growing median base pay in the United States, according to new data from Glassdoor. Median pay is up yet again in the Seattle metro, growing 2.1 percent year-over-year. Thats ahead of the national rate…
Seattle vs. Donald Trump
The presidents threats and proposals could have far-reaching effects here, but Seattles mayor remains defiant.
Im willing to risk losing every penny of federal funding to stand by our commitment to protect everyone in our community, declared Seattle Mayor Ed Murray on March 27 in response to threats by President Donald Trump and U.S. Attorney General Jeff Sessions to withhold all funding from so-called sanctuary cities. According to the mayors…
Greater Seattle Unemployment Plunges to 4.1 Percent in August from 4.4 percent in July
Numbers improve in spite of a labor force increase of 8,000 people in the Seattle/Bellevue/Everett region.
You’ve seen the cranes and been stuck in the traffic. Now look at the numbers. The unemployment rate in the Greater Seattle region including Seattle, Bellevue and Everett fell to 4.1 percent in August from 4.4 percent the month before in spite of an increase of 8,000 people in its labor force, according to Washington’s…
Economic Outlook 2015: Proving the Theory
Sixty years ago, in the Journal of Political Economy, University of Washington Professors Douglass North and Charles Tiebout engaged in a debate on the nature of regional economic growth. North went on to win the Nobel Prize in Economic Sciences; Tiebout might have contended for it had he not died at the age of 43….
A Hard Fall
The Washington state economy will build steam through the spring and summer of 2010, but total employment won’t return to peak levels of 2008 until well into 2011, analysts forecast. And for many residents and businesses, the gloomy outlook will persist. “Economists say they see a recovery, but try to tell that to the 7…