Despite a higher unemployment rate each month for most of the year than in 2019, the last three months of 2020 (Sept. - Nov.) showed a higher labor force in Grant County than the State average year over year percentage, according to the Grant County Economic Profile.
The profile is an economic report that focuses on unemployment and labor force numbers each month on a year over year comparison.
The Grant County Profile 2020 report was put together by Donald Meseck, a regional labor economist serving Adams, Chelan, Douglas, Grant, Kittitas, Okanogan and Yakima Counties.
The report shows that
“One thing that did surprise me, especially looking at the current data, is that Grant county is adding jobs unlike most other counties,” Meseck said.
According to the report, preliminary estimates indicate that the number of residents in the labor force grew from 47,617 in October 2019 to 54,552 in October 2020, equating to 6,935 more Grant County residents in the current labor force (up 14.6%). However, the number of unemployed residents rose by 416 during this timeframe. Grant County’s unemployment rate edged upwards from 5.0% in October 2019 to 5.1% in October 2020.
The report also stated that estimates indicate that total nonfarm employment in Grant County rose from 31,280 jobs in October 2019 to 32,170 in October 2020, an 890 job and 2.8% upturn.
“The Grant County economy as of November is looking relatively stronger than the other counties I serve,” Meseck said.