We've mentioned that unemployment rates in Chelan and Douglas Counties are down to historic lows, but Regional Labor Economist Don Meseck sees some red flags in the economy coming up. Some of them are seen in the latest report on home sales:
Meseck also notes a couple of statewide numbers that will cause concern: One of them is a decreasing number of insurance carriers and related industries, which includes insurance agencies, claim adjusters and so on; that's gone from 43,500 statewide last May to 40,200 this May. And another number that concerns Meseck is the number of temporary employments:
The May Employment Report puts the jobless rate at 3.2% in Chelan and Douglas Counties, down from 4% even in April, and 4.5% percent in May 2022.