Jobless rate falls to 5.7 per cent for month of April
May 19 2017
The state Employment Department said Tuesday the unemployment rate for April was 3.7 percent, a slight drop from March's record-low rate of 3.8 percent.
The state has added an estimated 76,500 jobs since April 2016, with the private sector adding 61,700 jobs and the public sector gaining 14,800.
There were also worries that the fall in unemployment could prove to be temporary as the lack of growth in employment levels suggests that France's economy is still not creating the number of jobs required to sustain the lower levels of unemployment.
This view is supported by data available with the labor bureau, which shows that job creation could actually be at the lowest in the last eight years.
Employment Security paid unemployment insurance benefits to 60,386 people in April.
State officials say the state's labor force has also been increasing in recent months, an indication that more people may be returning to the workforce and looking for jobs.
From April 2016 through April 2017, the state's labor force grew by 67,900 and the Seattle/Bellevue/Everett region increased by 37,500. In all, almost 16 crore people in the workforce were under-employed in this manner. Over the past year, construction has been the fastest-growing industry, followed by transportation, warehousing and utilities.
March's job gain was revised downward to 600, from an initially reported increase of 1,300.
Education and health services faced the biggest reduction in April, losing 1,200 jobs.
Over the past 17 years, part-time employment has grown 67% versus 27% for full-time jobs.
Three industries gained jobs last month.
Construction and mining posted the largest jobs gain, 2,800, to 62,500, up 4.7 percent. Wholesale trade was up 1,300 new jobs.
Check it out! ESD has new labor market information and tools, including a video tutorial, to highlight popular information and data. The latest national unemployment rate is 4.4 percent. They do not include unemployed Kentuckians who have not looked for employment within the past four weeks.