Grant County had the lowest job change percentage out of seven counties and state-wide percentage over the last 20 years, according to a report from a regional labor economist.
Donald W. Meseck, Regional Labor Economist, presented a Central Washington Economic Update for a virtual economic symposium for the Employment Security Department on June 16. The update highlighted the economic changes for the seven different counties he is responsible for. The presentation explained that between 1999 and 2020 Grant County:
Annual nonfarm job-loss rate of -1.5% was the slowest job loss rate in this seven-county Central WA area.
Construction and professional and business services expanded last year – despite COVID-19 related layoffs.
Local unemployment rate rose from 6.8%(2019) to 8.8%(2020) less than the four and three-tenths point jump in Washington’s rate from 4.1%(2019) to 8.4&(2020).
The reports also noted that between April 2020 and April 2021 Grant County:
Nonfarm employment rose by 660 jobs (up 2.3%) from 29,120 (April 2020) to 29,780 (April 2021).
Unemployment rate declined five and five-tenths points from 13.1%(April 2020) to 7.6%(April 2021).
Despite the unemployment rate in Grant County rising at a lower rate than the state, Grant county has consistently had a higher unemployment rate overall than the state average every year since at least 2008.