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In September 2024, Washington's unemployment rate stood at 4.8%, with the Seattle/Bellevue/Everett area slightly lower at 4.4%. Between September 2023 and September 2024, construction employment in the state saw a boost, adding 4,700 jobs, bringing the total to 236,600.

Read the full October Builders Bulletin

By MBAKS Senior Policy Analyst Allison Butcher

New data from the Puget Sound Regional Council show our four-county region (King, Snohomish, Pierce, and Kitsap counties) has added more than 464,000 jobs since 2010. That works out to over 2.75 jobs for every housing unit constructed during this period.

The Builder's Bulletin is intended to provide a convenient way to track housing in our market and includes information from the Northwest Multiple Listing Service, State of the Cities Data Systems, Office of Financial Management and the Washington State Employment Security Department.

Download this month's report:

Meet Erich Armbruster of Ashworth Homes, our newly inducted 2018 MBAKS Board president.

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