Special Report

How Washington's Job Market Compared to the US Over the Last 47 Years

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In an era of economic uncertainty, the U.S. job market remains resilient. After falling to 3.7% in November 2023, the national unemployment rate has been below 4% for 22 consecutive months, the longest streak in over 50 years.

Of course, if history is any guide, much of the economy is subject to boom and bust cycles — and the job market is no exception. Since the mid-1970s, the average annual unemployment rate in the U.S. has fluctuated between 3.6% and nearly 10%, according to the Bureau of Labor Statistics.

These same cyclical patterns are also evident in Washington, where the job market is supported largely by the professional and scientific and retail trade industries. The annual unemployment rate in the state was 4.2% in 2022, a multi-decade low. However, conditions for job seekers have not always been so favorable.

According to historical BLS data going back to 1976, the annual jobless rate has been as high as 11.9% in Washington. More than once, unemployment in the state has either matched or come close to that peak.

This is how Washington’s job market has changed in each of the last 47 years.

1976: 8.9%

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  • Avg. unemployment rate: 8.9% (7.7% nationwide)
  • Labor force participation rate: 61.4% (61.6% nationwide)
  • Unemployed population in Washington: 142,037

1977: 8.5%

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  • Avg. unemployment rate: 8.5% (7.1% nationwide)
  • Labor force participation rate: 62.7% (62.3% nationwide)
  • Unemployed population in Washington: 142,710

1978: 6.9%

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  • Avg. unemployment rate: 6.9% (6.1% nationwide)
  • Labor force participation rate: 64.1% (63.2% nationwide)
  • Unemployed population in Washington: 123,698

1979: 6.6%

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  • Avg. unemployment rate: 6.6% (5.8% nationwide)
  • Labor force participation rate: 65.3% (63.7% nationwide)
  • Unemployed population in Washington: 130,381

1980: 8.1%

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  • Avg. unemployment rate: 8.1% (7.1% nationwide)
  • Labor force participation rate: 64.5% (63.8% nationwide)
  • Unemployed population in Washington: 156,112

1981: 9.6%

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  • Avg. unemployment rate: 9.6% (7.6% nationwide)
  • Labor force participation rate: 64.3% (63.9% nationwide)
  • Unemployed population in Washington: 187,403

1982: 11.9%

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  • Avg. unemployment rate: 11.9% (9.7% nationwide)
  • Labor force participation rate: 64.1% (64.0% nationwide)
  • Unemployed population in Washington: 235,851

1983: 11.1%

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  • Avg. unemployment rate: 11.1% (9.6% nationwide)
  • Labor force participation rate: 64.3% (64.0% nationwide)
  • Unemployed population in Washington: 228,865

1984: 9.3%

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  • Avg. unemployment rate: 9.3% (7.5% nationwide)
  • Labor force participation rate: 64.4% (64.4% nationwide)
  • Unemployed population in Washington: 193,051

1985: 8.4%

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  • Avg. unemployment rate: 8.4% (7.2% nationwide)
  • Labor force participation rate: 64.7% (64.8% nationwide)
  • Unemployed population in Washington: 173,797

1986: 8.1%

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  • Avg. unemployment rate: 8.1% (7.0% nationwide)
  • Labor force participation rate: 65.6% (65.3% nationwide)
  • Unemployed population in Washington: 176,980

1987: 7.3%

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  • Avg. unemployment rate: 7.3% (6.2% nationwide)
  • Labor force participation rate: 66.5% (65.6% nationwide)
  • Unemployed population in Washington: 164,862

1988: 6.3%

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  • Avg. unemployment rate: 6.3% (5.5% nationwide)
  • Labor force participation rate: 67.1% (65.9% nationwide)
  • Unemployed population in Washington: 146,110

1989: 5.9%

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  • Avg. unemployment rate: 5.9% (5.3% nationwide)
  • Labor force participation rate: 68.9% (66.5% nationwide)
  • Unemployed population in Washington: 145,129

1990: 5.2%

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  • Avg. unemployment rate: 5.2% (5.6% nationwide)
  • Labor force participation rate: 68.6% (66.5% nationwide)
  • Unemployed population in Washington: 129,580

1991: 6.3%

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  • Avg. unemployment rate: 6.3% (6.8% nationwide)
  • Labor force participation rate: 68.0% (66.2% nationwide)
  • Unemployed population in Washington: 156,004

1992: 7.3%

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  • Avg. unemployment rate: 7.3% (7.5% nationwide)
  • Labor force participation rate: 68.6% (66.4% nationwide)
  • Unemployed population in Washington: 190,334

1993: 7.3%

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  • Avg. unemployment rate: 7.3% (6.9% nationwide)
  • Labor force participation rate: 68.3% (66.3% nationwide)
  • Unemployed population in Washington: 196,376

1994: 6.6%

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  • Avg. unemployment rate: 6.6% (6.1% nationwide)
  • Labor force participation rate: 67.9% (66.6% nationwide)
  • Unemployed population in Washington: 172,578

1995: 6.4%

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  • Avg. unemployment rate: 6.4% (5.6% nationwide)
  • Labor force participation rate: 68.1% (66.6% nationwide)
  • Unemployed population in Washington: 174,883

1996: 6.1%

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  • Avg. unemployment rate: 6.1% (5.4% nationwide)
  • Labor force participation rate: 69.0% (66.8% nationwide)
  • Unemployed population in Washington: 171,201

1997: 4.9%

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  • Avg. unemployment rate: 4.9% (4.9% nationwide)
  • Labor force participation rate: 69.5% (67.1% nationwide)
  • Unemployed population in Washington: 145,985

1998: 4.8%

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  • Avg. unemployment rate: 4.8% (4.5% nationwide)
  • Labor force participation rate: 69.7% (67.1% nationwide)
  • Unemployed population in Washington: 146,536

1999: 4.9%

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  • Avg. unemployment rate: 4.9% (4.2% nationwide)
  • Labor force participation rate: 69.5% (67.1% nationwide)
  • Unemployed population in Washington: 147,241

2000: 5.2%

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  • Avg. unemployment rate: 5.2% (4.0% nationwide)
  • Labor force participation rate: 69.1% (67.1% nationwide)
  • Unemployed population in Washington: 157,856

2001: 6.3%

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  • Avg. unemployment rate: 6.3% (4.7% nationwide)
  • Labor force participation rate: 68.1% (66.8% nationwide)
  • Unemployed population in Washington: 185,301

2002: 7.4%

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  • Avg. unemployment rate: 7.4% (5.8% nationwide)
  • Labor force participation rate: 67.4% (66.6% nationwide)
  • Unemployed population in Washington: 219,675

2003: 7.4%

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  • Avg. unemployment rate: 7.4% (6.0% nationwide)
  • Labor force participation rate: 67.3% (66.2% nationwide)
  • Unemployed population in Washington: 226,245

2004: 6.3%

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  • Avg. unemployment rate: 6.3% (5.5% nationwide)
  • Labor force participation rate: 67.3% (66.0% nationwide)
  • Unemployed population in Washington: 201,073

2005: 5.6%

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  • Avg. unemployment rate: 5.6% (5.1% nationwide)
  • Labor force participation rate: 67.7% (66.0% nationwide)
  • Unemployed population in Washington: 182,714

2006: 5.0%

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  • Avg. unemployment rate: 5.0% (4.6% nationwide)
  • Labor force participation rate: 67.7% (66.2% nationwide)
  • Unemployed population in Washington: 165,704

2007: 4.7%

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  • Avg. unemployment rate: 4.7% (4.6% nationwide)
  • Labor force participation rate: 68.0% (66.0% nationwide)
  • Unemployed population in Washington: 156,610

2008: 5.4%

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  • Avg. unemployment rate: 5.4% (5.8% nationwide)
  • Labor force participation rate: 68.3% (66.0% nationwide)
  • Unemployed population in Washington: 182,379

2009: 9.2%

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  • Avg. unemployment rate: 9.2% (9.3% nationwide)
  • Labor force participation rate: 66.9% (65.4% nationwide)
  • Unemployed population in Washington: 286,984

2010: 10.0%

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  • Avg. unemployment rate: 10.0% (9.6% nationwide)
  • Labor force participation rate: 65.9% (64.7% nationwide)
  • Unemployed population in Washington: 316,342

2011: 9.3%

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  • Avg. unemployment rate: 9.3% (8.9% nationwide)
  • Labor force participation rate: 64.7% (64.1% nationwide)
  • Unemployed population in Washington: 293,412

2012: 8.1%

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  • Avg. unemployment rate: 8.1% (8.1% nationwide)
  • Labor force participation rate: 64.5% (63.7% nationwide)
  • Unemployed population in Washington: 265,444

2013: 7.0%

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  • Avg. unemployment rate: 7.0% (7.4% nationwide)
  • Labor force participation rate: 63.6% (63.2% nationwide)
  • Unemployed population in Washington: 229,825

2014: 6.1%

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  • Avg. unemployment rate: 6.1% (6.2% nationwide)
  • Labor force participation rate: 63.3% (62.9% nationwide)
  • Unemployed population in Washington: 207,249

2015: 5.6%

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  • Avg. unemployment rate: 5.6% (5.3% nationwide)
  • Labor force participation rate: 63.3% (62.7% nationwide)
  • Unemployed population in Washington: 193,577

2016: 5.3%

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  • Avg. unemployment rate: 5.3% (4.9% nationwide)
  • Labor force participation rate: 63.7% (62.8% nationwide)
  • Unemployed population in Washington: 189,031

2017: 4.7%

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  • Avg. unemployment rate: 4.7% (4.4% nationwide)
  • Labor force participation rate: 63.7% (62.9% nationwide)
  • Unemployed population in Washington: 172,929

2018: 4.5%

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  • Avg. unemployment rate: 4.5% (3.9% nationwide)
  • Labor force participation rate: 64.2% (62.9% nationwide)
  • Unemployed population in Washington: 168,546

2019: 4.3%

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  • Avg. unemployment rate: 4.3% (3.7% nationwide)
  • Labor force participation rate: 65.2% (63.1% nationwide)
  • Unemployed population in Washington: 166,916

2020: 8.4%

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  • Avg. unemployment rate: 8.4% (8.1% nationwide)
  • Labor force participation rate: 64.3% (61.7% nationwide)
  • Unemployed population in Washington: 332,714

2021: 5.2%

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  • Avg. unemployment rate: 5.2% (5.3% nationwide)
  • Labor force participation rate: 63.2% (61.7% nationwide)
  • Unemployed population in Washington: 203,002

2022: 4.2%

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  • Avg. unemployment rate: 4.2% (3.6% nationwide)
  • Labor force participation rate: 64.1% (62.2% nationwide)
  • Unemployed population in Washington: 168,024

24/7 Wall St.

 

Year Washington unemployment rate U.S. unemployment rate Unemployed population in Washington
1976 8.9 7.7 142,037
1977 8.5 7.1 142,710
1978 6.9 6.1 123,698
1979 6.6 5.8 130,381
1980 8.1 7.1 156,112
1981 9.6 7.6 187,403
1982 11.9 9.7 235,851
1983 11.1 9.6 228,865
1984 9.3 7.5 193,051
1985 8.4 7.2 173,797
1986 8.1 7.0 176,980
1987 7.3 6.2 164,862
1988 6.3 5.5 146,110
1989 5.9 5.3 145,129
1990 5.2 5.6 129,580
1991 6.3 6.8 156,004
1992 7.3 7.5 190,334
1993 7.3 6.9 196,376
1994 6.6 6.1 172,578
1995 6.4 5.6 174,883
1996 6.1 5.4 171,201
1997 4.9 4.9 145,985
1998 4.8 4.5 146,536
1999 4.9 4.2 147,241
2000 5.2 4.0 157,856
2001 6.3 4.7 185,301
2002 7.4 5.8 219,675
2003 7.4 6.0 226,245
2004 6.3 5.5 201,073
2005 5.6 5.1 182,714
2006 5.0 4.6 165,704
2007 4.7 4.6 156,610
2008 5.4 5.8 182,379
2009 9.2 9.3 286,984
2010 10.0 9.6 316,342
2011 9.3 8.9 293,412
2012 8.1 8.1 265,444
2013 7.0 7.4 229,825
2014 6.1 6.2 207,249
2015 5.6 5.3 193,577
2016 5.3 4.9 189,031
2017 4.7 4.4 172,929
2018 4.5 3.9 168,546
2019 4.3 3.7 166,916
2020 8.4 8.1 332,714
2021 5.2 5.3 203,002
2022 4.2 3.6 168,024

 

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