Updated
Updated · The Spokesman Review · Jul 22
Spokane County Adds 1,200 Health Jobs as Most Sectors Slip and Unemployment Reaches 3.8%
Updated
Updated · The Spokesman Review · Jul 22

Spokane County Adds 1,200 Health Jobs as Most Sectors Slip and Unemployment Reaches 3.8%

3 articles · Updated · The Spokesman Review · Jul 22

Summary

  • June payrolls in Spokane County grew only in health services and private education, which added 1,200 jobs from a year earlier; excluding those areas, total employment was down by a few thousand.
  • The county’s unemployment rate rose to 3.8% from 3.4% a year earlier as the labor force stayed essentially flat, with retirements cutting overall job numbers by about 3% annually.
  • State and local government jobs fell by about 1,000 after earlier federal cuts, while retail, financial activity, professional services and construction also declined, mirroring broader Washington weakness.
  • Gasoline at $4.78 and diesel at $5.84 in Spokane are adding to household strain, with the economist saying energy-driven inflation is outpacing wage gains even as he sees no clear recession signal yet.
  • Washington’s unemployment rate reached 5.2% in June from 4.5% a year earlier, and rising long-term unemployment is adding to what the economist called growing 'yellow warning signs.'

Insights

As Spokane's economy splits, what are the unseen risks of this growing gap between the thriving and the struggling?
With baby boomers retiring and AI failing to fill caregiving gaps, is Spokane's economy facing an unavoidable demographic crisis?