BLS data: 200,000 involuntary part-time workers in Washington in 2013

The latest Measures of Labor Underutilization news release for Washington is now available from BLS online at http://www.bls.gov/ro9/altwa.pdf

The latest Measures of Labor Underutilization news release for Washington is now available from BLS online at http://www.bls.gov/ro9/altwa.pdf.

Items of note include:

  • In 2013, the broadest measure of labor underutilization, designated U-6 (includes the unemployed, workers employed part-time for economic reasons, and the marginally attached to the labor force), was 14.0 percent in Washington, compared to the U.S. average of 13.8 percent.
  • Washington had 240,700 unemployed residents in 2013, and another 200,000 were employed part time for economic reasons (also known as involuntary part time).
  • 49,900 Washingtonians were marginally attached to the labor force in 2013. (Marginally attached individuals would like a job and have looked for work during the past 12 months, but had not searched for work in the 4 weeks preceding the survey and are therefore not counted as unemployed in the official unemployment rate.)
  • 11,700 discouraged workers (a subset of the marginally attached) did not look for work during the 4 weeks preceding the survey because they believed no jobs were available for them.
  • From 2012 to 2013, all six rates of labor underutilization improved in Washington.

More in Business

Good economic news in time for the holidays | Don Brunell

But how long will increasing revenue streams last?

Health care priority concern of lawmakers | Don Brunell

Our country is expected to spend $5.5 trillion on health care by 2025.

‘Medical spa’ offers variety of skin treatments

Rainier Laser and Aesthetics Center is now open in Enumclaw.

Enumclaw opens new preschool, now enrolling students

Classes for two different age groups are being offered.

Cost matters when businesses hire | Don Brunell

It’s not just wages, but benefits, that companies must consider when hiring or retaining workers.

Military also adjusting to worker shortages | Don Brunell

There are just fewer qualified people in the employment pool to fill jobs which require higher educational standards, more skills, a willingness to work hard, and the dexterity to be part of a team.

Portland shipyard building wave of the future | Don Brunell

While it may not be the first commercial wave energy project, it will be one of the largest.

Carbon fee hurts businesses and families | Don Brunell

A carbon tax would raise over $610 million in its first year and jump to $761 million by 2023, but the added cost from the initiative over 15 years is projected to be 57-cents a gallon.

The Russians are indeed coming | Don Brunell

Russia is now the world’s top wheat producer.

Firehouse Pub: slight change of address but atmosphere remains the same

It was quite the project, renovating the pub’s new home.

Enumclaw’s QFC debuts home delivery service

The first order is free, but other orders will come with a charge.

Boeing’s venture into hypersonic jets | Don Brunell

The company’s come a long way since nearly crashing the company with its first attempt at supersonic flight.