Seattle displays new job growth in the past year
Those looking for new career opportunities might want to consider the Seattle area. The metro added 33,700 jobs from April 2011 to April 2012 - the ninth-highest gain for cities in the nation, according to a recent report from the U.S. Department of Labor. New positions offer local residents greater professional opportunities. Consider checking out the MLS listings in Seattle for a home that is close to your new job.
In April 2012, there were approximately 1,891,200 civilian workers in the area's labor force. The city had a 6.9 percent unemployment rate for April 2012 - a 1 percent decrease from the prior month, according to the Bureau of Labor Statistics (BLS). Included in those jobs were 1,692,000 total nonfarm positions, which is 2 percent higher than those available 12 months ago.
As economic indicators such as job growth improve, others like housing prices and inventory levels will likely follow suit. The new positions available could provide residents with the income necessary to buy neighborhood homes, which might increase housing demand and improve property values.