State unemployment dips, manufacturing grows

Washington state unemployment figures saw a slight dip over the past year from 9.4 percent in August 2010 to 9.3 in August 2011. The cause for the decline? Over 53,000 private sector jobs added to the economy. Nationwide unemployment also saw a slight downward trend, coming in at 9.1 percent in August 2011 compared to 9.6 percent in 2010.

From July to August 2011, manufacturing witnessed the largest growth of all sectors, adding 3,500 jobs. This was in part to to an increase in jobs in the aerospace sector and also food manufacturing, which added 2,300 jobs to the economy. Industries that witnessed job loss during the month were financial services, real estate, wholesale trade, leisure and hospitality, and government, amongst others.

August represents the twelfth consecutive month that Washington state has added jobs.

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