Friday, March 29, 2024

Wenatchee Statistical Data

Posted

June 2017 Wenatchee Metropolitan Statistical Area (MSA)
Labor Area Summary (LAS) report:

The most current (June 2017) economic data, show that the Wenatchee MSA’s unemployment rate dropped substantially from 5.1 percent in June 2016 to 4.0 percent this June.  Certainly this is good news for the local economy.  In fact, the current unemployment rate for the Wenatchee MSA (Chelan and Douglas counties) is the lowest reading for the month of June since electronic records were implemented in 1990 – 27 years ago (see the Employment and unemployment section on Page 2 of the attached report).
An analysis of annual average wage trends in Chelan County for the past 13 years (2004-2016, inclusive) shows that total covered employment rose from $984.7 million in 2004 to $1.62 billion in 2016, a $635.3 million and 64.5 percent upturn. The agricultural payroll (a subset of total covered wages) increased from $132.7 million in 2004 to $251.3 million in 2016, a $118.6 million and 89.4 percent uptrend. In 2004 Chelan County’s agricultural industry accounted for 13.5 percent of total covered wages and by 2016 agricultural wages tallied 15.4 percent of total covered payroll, showing that the agricultural share of wages increased 1.9 percentage points (from 13.5 to 15.4 percent) in Chelan County during this period. Hence, the agricultural industry was slightly more influential (in terms of payroll) in Chelan County’s economy in 2016 than in 2004 (see the Agricultural employment/production section on Page 4 of the attached report).
July 2017 county-level employment figures and unemployment rates for Washington State's 39 counties will be released on Tuesday, 22 August 2017.
Information courtesy of: Donald W. Meseck, Regional Labor Economist
Serving Adams, Chelan, Douglas, Grant, Kittitas, Okanogan, and Yakima counties, Washington State Employment Security Department.

Wenatchee Metro Stats

Comments

No comments on this item Please log in to comment by clicking here