[6/8/21] Good & Bad In April Jobless Numbers

Posted in Business & Economy

The April unemployment rate in Chelan and Douglas Counties is down a bit from March, and way down from last year.  And according to Regional Labor Economist Don Meseck, that’s a good news – bad news situation:

And Meseck is talking non-farm employment here.  And the bad news?

With last year’s numbers so abnormally high – and last April’s jobless rate of 16.1 percent the highest of them all – we asked if, in the long-term scheme of things, you can take last year’s numbers and essentially throw them out.  He said no – but added they are what you might call a fluke:

The April 2021 jobless rate in Chelan and Douglas Counties was 6.4 percent, down from March’s 6.7 percent.  That amounts to 4,070 out of a total civilian work force of 63,483.