The state Employment Security Department issued its employment report for February this morning. The preliminary estimate is that seasonally adjusted employment in Washington grew by 2,500 from January to February. The estimate of December to January job growth was revised upward to 5,800. These estimates are based on a survey of a relatively small number of employers and may be revised substantially when complete counts become available from unemployment insurance tax returns.
The estimated seasonally adjusted unemployment rate for the state was 6.4 percent in February.
In January overall state employment surpassed the pre-recession peak achieved in February 2008. As the chart below shows, in the Seattle metro area (King and Snohomish counties) employment now exceeds the February 2008 value by 26,000, while for the balance of the state employment is 18,000 short of the February 2008 value.