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National unemployment insurance claims fall again, just 214,000 filed last week.
March 17, 2022One sign that labor market is improving is the steady decline in jobless claims. The U.S. Department of Labor reports, In the week ending Ma rch 12, the a dva nce figure for sea sonally a djusted ini…Read more
How will ratings firms assess Washington’s budget reserves? It’s still an open question.
March 17, 2022As the Washington Research Council has repeatedly pointed out - while urging them not to do it - lawmakers tucked a large share of the state's budget surplus into a shadow account, outside the consti…Read more
Washington adds nearly 32,000 jobs in February, largest increase since last July.
March 16, 2022As the economy continues to open up, people are showing up to fill the available jobs. That's one message from the February Employment Report released today by the state Employment Security Department…Read more
Latest economic and revenue update shows continued strength of Washington economy; revenues 4.2% above February forecast.
March 15, 2022Days after lawmakers adopted a budget that spent most of a $14 billion surplus, the latest update from the Economic and Revenue Forecast Council shows the state economy continued to outperform even th…Read more
Legislature adjourns after adopting transportation and operating budgets.
March 11, 2022The Legislative session has ended. With more revenues available to them than most lawmakers have ever or will ever see, they passed transportation and operating budgets remarkable in a supplemental ye…Read more
National weekly initial unemployment claims rise 11,000, to 227,000.
March 10, 2022Yesterday we reported the nation had 11.3 million unfilled jobs. Today, the U.S. Department of Labor reports an uptick in claims for unemployment benefits. In the week ending March 5, the advance fig…Read more