Bad News for Gregoire
Washington's economy is taking a hit at precisely the wrong moment for Gov. Christine Gregoire, who is up for reelection in November. From the Seattle ...
Washington's economy is taking a hit at precisely the wrong moment for Gov. Christine Gregoire, who is up for reelection in November. From the Seattle Times :
As economic thunderstorms lash Wall Street and soak most of the rest of the country, Seattle and Washington state have managed to stay fairly dry. But beware: The skies are darkening quickly.
Unemployment in Washington state took a big jump last month, more evidence that the local economy is sliding toward recession. And though inflation abated a bit, prices for food, fuel and shelter are still considerably higher than a year ago.
The statewide jobless rate hit 6 percent in August, after adjusting for seasonal variations, versus a revised 5.6 percent in July, the state Employment Security Department reported Tuesday. That was just below the national rate of 6.1 percent
Join the Discussion
After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.
The Week in Public Finance: Public Pensions Edition6 hours ago
Low Oil Prices Drain Some But Energize Most Local Economies9 hours ago
Missouri Auditor Dies in 'Apparent Suicide'10 hours ago
Border Surge Hampering Policing in Other Parts of Texas10 hours ago
81,000 Ohioans to Lose Medicaid Coverage10 hours ago
Scott Walker Says Union Protesters Prepared Him for Fighting Islamic Terrorists11 hours ago