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Jon Talton

Analysis and commentary on economic news, trends and issues, with an emphasis on Seattle and the Northwest.

Category: Jobs/Unemployment
December 19, 2014 at 10:34 AM

Vote: Your job situation in Washington

Earlier this week, the state reported that November unemployment rose to 6.2 percent even though an average of 7,200 jobs have been created this year.  The reason given: More people are re-entering the improving labor market. There’s metro Seattle and there’s the rest of the state. Here a booming economy has driven unemployment down to…


Comments | More in Jobs/Unemployment | Topics: Friday polls, Washington unemployment

December 5, 2014 at 10:45 AM

Vote: Is the jobs crisis finally over?

The economy added a very solid 321,000 jobs in November, even though the unemployment rate remained at 5.8 percent. Economist Jared Bernstein smooths out the trend with a monthly average 278,000 jobs created over the past three months and 228,000 over the past year. Hours improved and labor force participation, which has fallen dramatically…


Comments | More in Jobs/Unemployment | Topics: unemployment

October 22, 2014 at 10:44 AM

Contractors worry about qualified worker shortage

The Associated General Contractors released a report today where 83 percent of respondents said they were having at least some trouble finding qualified craft workers as the industry recovers. The trade association’s chief economist, Ken Simonson, said this was a consequence of the nation’s educational system shifting away from teaching career and technical skills. The situation…


Comments | More in Jobs/Unemployment | Topics: construction

September 24, 2014 at 11:18 AM

Washington’s unemployment in charts

Maybe it was a bump in the road. August’s unemployment report for Washington — stuck at 5.4 percent, the same as July — was preliminary and might be revised for the better. The same might be true for the net loss of 1,500 jobs. After all, July’s jobs gain was revised upward from 7,300 to…


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July 23, 2014 at 10:42 AM

How part-time work is growing

Below is a chart that only an econ geek could love, but hang with me. I’ll give you a lollypop: It represents an attempt by economists John Robertson and Ellyn Terry of the Federal Reserve Bank of Atlanta to get a handle on the state of part-time employment in America in the wake of the recession….


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June 10, 2014 at 10:32 AM

A reality check on jobs

After Friday’s report that the nation had added 217,000 jobs in May, it was widely reported that we had finally recovered all the jobs lost from the Great Recession. That downturn officially ended in June 2009. Unfortunately, this is not true. The labor force has grown since the collapse began in 2007, so we’re…


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April 8, 2014 at 10:21 AM

No, the jobs hole hasn’t been filled

With last Friday’s report that the economy added 192,000 jobs, we have now technically recovered all the jobs lost during the Great Recession. We’re back to 2008 levels of private-sector employment. You get a gold star if you said, “but it’s not 2008.” That’s the important “but” that should be in all the headlines. The working-age population…


Comments | More in Jobs/Unemployment | Topics: Seattle economy

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