County's jobless rate hits 6-year low
Wednesday, November 15, 2006 7:09 AM PST
By Evan Caldwell
Cowlitz County's jobless rate in October fell to its lowest level since September 2000, and state economists expect slow but steady job growth to continue.
October's unemployment rate -- 5.8 percent --- was down from 6.2 percent in September and down from 6.5 percent in October 2005, according to state Department of Employment Security figures released Tuesday.
The last time the county's jobless rate was lower was in September 2000, when it hit 5.6 percent.
"We've had pretty steady job growth for two years. Not hot, but steady," said Scott Bailey, regional economist for employment security. "Along with steady population growth, the labor market has tightened up a bit."
Longview's Your Market Place grocery store, Lyman Lumber's Tri-County Truss plant and Winlock's Cardinal Glass plant helped to add family wage jobs into the area's economy in recent months.
Despite the good news, the number of employed people in the county is still below pre-recession levels. Last month, 38,000 people had jobs, down from 39,630 in September 2000.
The number of jobs should increase during the next two months as retailers and grocery stores add seasonal help, Bailey said.
Next year, "we're headed for continued slow and steady increases in job growth," he said.
"It's not huge numbers, but this growth is solid and, over time, it will have a larger impact," Winsman said. "And the better this economy is, the easier it is to recruit businesses here."
Statewide, unemployment increased slightly to 4.8 percent in October from 5.3 percent in September.
In October, the jobless rate:
• Fell to 5.5 percent in Wahkiakum County, down from 5.9 percent in September and lower than the 5.8 percent rate of October 2005.
• Dropped to 5.7 percent in Lewis County, improved from 6.3 percent in September and 6.2 a year earlier.
• Decreased to 5.5 percent in Pacific County, down from 6.1 percent in September and 6 percent in October 2005.
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