The state Employment Security Department issued its employment report for July this morning. The preliminary estimate is that seasonally adjusted employment in Washington grew by 7,300 from June to July. The estimate of May to June job growth was revised upward to 13,600, from the preliminary figure of 9,100 announced in last month’s report. A job gain this large is likely to be revised downward when more complete information is available from unemployment insurance tax returns. (See this post.)
The preliminary estimate of July’s seasonally adjusted unemployment rate for the state is 5.6 percent. The estimate of June’s unemployment rate was unchanged from the initial figure of 5.8 percent.