4/14/2021

Monthly Employment Report for March 2021

FOR IMMEDIATE RELEASE – April 14, 2021

Contact:   media@esd.wa.gov    

Payroll employment shows strong gains for second straight month

OLYMPIA – Washington’s economy added 23,100 jobs in March and the state’s preliminary seasonally adjusted monthly unemployment rate decreased from 5.6 percent in February to 5.4 percent in March, according to the Employment Security Department (ESD).

Month

Total Jobs (losses or gains)

Unemployment rate

2019/2020 Unemployment Rate

March 2020

-  22,300*

5.3 percent*

4.4 percent

April 2020

- 387,800*

16.3 percent*

4.3 percent

May 2020

- 11,400*

12.5 percent*

4.2 percent

June 2020

+ 83,800*

10.8 percent*

4.1 percent

July 2020

+ 38,200

 10.8 percent*

4.1 percent

August 2020

+ 30,500*

  9.1 percent*

4.1 percent

September 2020

+ 12,000*

  8.0 percent*

4.0 percent

October 2020

+600*

  7.0 percent*

3.9 percent

November 2020

+12,000*

  6.7 percent*

3.9 percent

December 2020

-   5,400*

  6.3 percent

3.9 percent

January 2021

+ 10,100*

  6.0 percent

4.0 percent

February 2021

+ 33,200*

  5.6 percent

4.1 percent

March 2021

+ 23,100

  5.4 percent

5.3 percent

*Revised from previous preliminary estimates. Preliminary monthly estimates for jobs losses or gains are based on a small Bureau of Labor Statistics payroll survey while actual figures reported the following month are based on a more complete survey.

“Broad gains in hiring continued from February through March in response to the improving public health position,” said Paul Turek, economist for the department. “Although employment remains below pre-pandemic levels, the state’s labor market is on track to make up the deficit relatively quickly.”

ESD released the preliminary job estimates from the federal Bureau of Labor Statistics as part of its Monthly Employment Report.

The department also announced that February’s previously reported unemployment rate of 5.6 was confirmed. February’s preliminary estimated gain of 24,500 jobs was revised to a gain of 33,200 jobs.

The national unemployment rate decreased from 6.2 percent in February to 6.0 percent in March. In March 2020, the national unemployment rate (revised) was 4.4 percent.

ESD paid unemployment insurance benefits to 428,790 people in March, an increase of 28,246 over the previous month.

More workers are returning to the job market

The state’s labor force in March was 3,849,500– an increase of 12,500 people from the previous month. In the Seattle/Bellevue/Everett region, the labor force increased by 5,200 over the same period.

From March 2020 to March 2021, the state’s labor force decreased by 82,500 while the Seattle/Bellevue/Everett region increased by 35,200.

The labor force is the total number of people, both employed and unemployed, over the age of 16.

From February to March the number of people who were unemployed statewide decreased from 215,600 to 209,500. In the Seattle/Bellevue/Everett region, the number of people who were unemployed decreased from 95,000 to 93,600 over the same period.

Eleven industry sectors expanded, one sector contracted and one sector was unchanged in March

Private sector employment increased by 18,600 jobs while government employment increased by 4,500 jobs. Provided below is a summary of the job gains and losses in all thirteen industry sectors.

              Industry sector                Job gains/losses

Leisure & hospitality

+    9,200

Government

+    4,500

Education & health services

+    2,600

Information

+    1,700

Construction

+    1,400

Other services

+      1,200

Transportation, warehousing & utilities

+         800

Professional and business services

+         700

Wholesale trade

+         700

Retail trade

+         300

Financial activities

+         200

Mining & logging

               0

Manufacturing

 -         200

 

Employment still down from a year ago

Washington lost an estimated 166,400 jobs from March 2020 – March 2021, not seasonally adjusted. Private sector employment fell by 4.2 percent, down an estimated 121,200 jobs, while public sector employment fell by 7.5 percent with a net loss of 45,200 jobs.

From March 2020 – March 2021, nine major industry sectors contracted while four industry sectors expanded.

The three industry sectors with the largest employment losses year-over-year, not seasonally adjusted, were:

  • Leisure and hospitality down 74,900 jobs
  • Government down 45,200 jobs
  • Manufacturing down 27,200 jobs

The four industry sectors which expanded year-over-year, not seasonally adjusted, were:

  • Retail trade up 6,800 jobs
  • Information up 4,400 jobs
  • Construction up 3,100 jobs
  • Education and health services up 2,100 jobs

Labor market information

Check it out! ESD has new labor market information and tools, including interactive Tableau graphics to highlight popular information and data.

Monthly Employment Report publication schedule for 2021

Preliminary Data for the month of

State and Seattle Metropolitan Division data released

All Other County data released

January 2021

March 16

March 16

February 2021

March 24

March 30

March 2021

April 14

April 20

April 2021

May 19

May 25

May 2021

June 16

June 22

June 2021

July 14

July 20

July 2021

August 18

August 24

August 2021

September 15

September 21

September 2021

October 20

October 26

October 2021

November 17

November 23

November 2021

December 15

December 21

December 2021

January 19, 2022

January 25, 2022

WorkSource

Employment Security is a proud partner in the statewide WorkSource system, which provides employment and training assistance to job seekers and businesses. While WorkSource centers are closed for in-person services during the COVID-19 outbreak, customers can still get help from WorkSource staff by phone and through the Live Chat feature on WorkSourceWA.com. The website provides access to thousands of Washington jobs and other employment resources. Chat agents cannot answer unemployment benefit questions.

Note: The U.S. Bureau of Labor Statistics (BLS) recently updated its “alternative measures of labor underutilization” for states to include annual averages for 2020. One such alternative measure is the U-6 rate, which considers not only the unemployed population in the official “U-3” unemployment rate, but also marginally attached workers and those employed part time for economic reasons. The U-6 rate is defined by BLS as the “total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.” This U-6 measure measures the “unemployed, underemployed, and those who are not looking but who want a job.”

The U-6 unemployment rate for 2020 for Washington state was 14.8 percent. This was higher compared to the 13.0 percent U-6 unemployment 2020 rate third quarter. The U.S.
U-6 unemployment rate was 13.6 percent in 2020.

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Labor market information questions regarding COVID-19

For workers or businesses affected by the current COVID-19 outbreak, the Employment Security Department (ESD) has programs that may be able to help. Please see ESD’s website for more information

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