Washington’s average annual wage, unemployment benefits rise - June 18, 2009

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Media contact: Mark Varadian, communications manager, 360-902-9454

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OLYMPIA – Despite the slower economy in 2008, the average annual wage in Washington increased by 3.4 percent last year, to $46,256, according to the Employment Security Department.   

In dollar figures, the increase amounted to $1,535.  In 2007, the average grew by 5 percent compared to 2006.

Among other things, the average annual wage is used to compute unemployment-insurance benefits for jobless workers. Because of the increased average wage last year, the minimum and maximum unemployment benefits will go up for new claims beginning next month.

The minimum weekly unemployment benefit, calculated at 15 percent of the average weekly wage of $889, will increase to $133 for new claims starting July 5. The maximum weekly benefit, calculated at 63 percent of the average weekly wage of $890, will increase to $560. 

These figures do not include temporary benefit increases that are currently in effect under state and federal stimulus packages. With the temporary stimulus increases, the minimum benefit in Washington for most claimants will be $225 and the maximum will be $630 for claims opened in July through the end of 2009.

Currently, about 25 percent of claimants receive the maximum benefit amount and 6 percent receive the minimum.

In addition to unemployment benefits, the average annual wage is used in computing employers’ unemployment taxes. Beginning in 2010, employers will pay unemployment taxes on the first $36,800 paid to each employee, up from $35,700 in 2009. 

The state average wage also is used by the Department of Labor & Industries to calculate workers’ compensation benefits.

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Washington’s average annual wage grew to 46,256 dollars in 2008 – an increase of three-point-four percent -- according to the state Employment Security Department.

Among other things, the average annual wage is used to compute unemployment-insurance benefits for jobless workers. Because of the increased average wage last year, the minimum and maximum weekly unemployment benefit will rise beginning next month.

When combined with temporary increases provided in state and federal economic-stimulus legislation, the minimum unemployment benefit for most recipients will be two-hundred-twenty-five dollars – and the maximum will be six-hundred-thirty dollars – for claims opened from July 5^th through the end of this year.

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Employment Security Web site