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WASHINGTON STATE UNEMPLOYMENT HOLDS STEADY IN AUGUST

 WASHINGTON STATE UNEMPLOYMENT HOLDS STEADY IN AUGUST
 OLYMPIA, Wash., Sept. 29 /PRNewswire/ -- Washington's seasonally adjusted unemployment rate remained virtually unchanged for the fifth consecutive month at 6.8 percent in August, according to Employment Security Commissioner Vernon Stoner.
 "The economy appears to be largely stuck in neutral" said Stoner. "At the same time, we continue to track well below the national rate of 7.6 percent and have felt no major disruptions in our overall economy."
 Nonfarm wage and salary employment dipped by 700 workers in August, breaking from the usual pattern of increased employment during the summer. However, less than usual job growth in trade (+1,700) and services (+2,200) failed to offset normal layoffs of non-teaching staff in public education (-9,000).
 "Payrolls in finance, insurance, and real estate actually contracted by 200 workers at a time when it would normally expand by several hundred," said Dennis Fusco, chief economist for the department.
 "This was primarily due to further consolidation in the banking industry and slow growth in real estate."
 Meanwhile, total manufacturing increased by 1,900. Food processing (+3,800) accounted for most of the gain as production of soft fruits moved forward in August. At the same time, extremely warm weather caused some curtailment of logging activity (-400) and aerospace pulled back by another 800 workers over the month. Machinery and metals was essentially flat. Most other industries also showed little or no change. On the other hand, construction increased by 2,400 owing to seasonal upticks in general building and special trades.
 Washington's nonfarm wage and salary employment in August was up 2,800 compared to the same time last year. Manufacturing lost 9,400 workers, mostly confined to lumber and wood products (-1,400) and transportation equipment (-8,100). The balance of the basic goods- producing sector has largely held its own. Trade (-1,000) and construction (-1,700) were off marginally in August with most of the gain from a year ago centered in services (+11,300) and local government (+6,800).
 RESIDENT LABOR FORCE AND EMPLOYMENT
 IN WASHINGTON STATE AND LABOR FORCE MARKET AREAS
 (Not Seasonally Adjusted)
 AUGUST 1992 PRELIMINARY(A)
 Unemploy- Unemp.
 Labor Force Employment ment Rate
 Washington State Total 2,607,800 2,443,100 164,700 6.3
 Bellingham MSA 74,200 69,900 4,300 5.8
 Bremerton MSA 88,300 83,500 4,800 5.4
 Olympia MSA 90,600 85,600 5,000 5.5
 Seattle PMSA 1,141,500 1,078,900 62,600 5.5
 King County (B) 900,900 852,400 48,500 5.4
 Snohomish County (B) 240,600 226,500 14,100 5.9
 Spokane MSA 179,500 169,500 10,000 5.6
 Tacoma PMSA 265,000 246,600 18,400 6.9
 Tri-Cities MSA 81,200 75,600 5,600 6.9
 Benton County (B) 63,100 59,200 3,900 6.2
 Franklin County (B) 18,100 16,400 1,700 9.4
 Vancouver PMSA 134,800 126,300 8,500 6.3
 Yakima MSA 110,500 100,100 10,400 9.4
 Adams 8,580 7,730 850 9.9
 Asotin 9,560 9,120 440 4.6
 Clallam 26,270 24,350 1,920 7.3
 Columbia 1,400 1,260 140 10.0
 Cowlitz 38,350 34,940 3,410 8.9
 Ferry 3,360 3,090 270 8.0
 Garfield 1,120 1,090 30 2.7
 Grant 31,970 29,420 2,550 8.0
 Grays Harbor 26,820 24,090 2,730 10.2
 Island 23,740 22,480 1,260 5.3
 Jefferson 9,630 8,970 660 6.9
 Kittitas 13,320 11,890 1,430 10.7
 Klickitat 8,410 7,630 780 9.3
 Lewis 27,380 24,870 2,510 9.2
 Lincoln 4,790 4,590 200 4.2
 Mason 14,830 13,690 1,140 7.7
 Okanogan 20,420 18,290 2,130 10.4
 Pacific 8,700 7,900 800 9.2
 Pend Oreille 3,660 3,270 390 10.7
 San Juan 8,600 8,350 250 2.9
 Skagit 45,430 41,910 3,520 7.7
 Skamania 2,180 1,690 490 22.5
 Stevens 13,090 11,770 1,320 10.1
 Wahkiakum 1,310 1,180 130 9.9
 Walla Walla 23,630 22,420 1,210 5.1
 Wenatchee Labor Area 48,190 43,980 4,210 8.7
 Chelan County (B) 32,120 29,160 2,960 9.2
 Douglas County (B) 16,070 14,820 1,250 7.8
 Whitman 17,740 17,180 560 3.2
 (A) Official U.S. Department of Labor, Bureau of Labor Statistics
 data.
 (B) Estimates are determined by using the Population/Claims Share
 disaggregation methodology.
 NOTE: Detail may not add due to rounding.
 -0- 9/29/92
 /CONTACT: Dennis Fusco, 206-438-4820, or Michael Wilson, 206-753-5216, both of the Washington State Employment Security Department/ CO: Washington State Employment Security Department ST: Washington IN: SU:


LM -- SE008 -- 4589 09/29/92 18:01 EDT
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