On Wednesday, May 30, the Bureau of Labor Statistics released preliminary data that shows the economy continues to strengthen. Across the nation unemployment rates were lower in April than a year earlier in 342 of the 372 metropolitan areas. The national unemployment rate was 7.7% (not seasonally adjusted), down from 8.7% a year ago.
The Seattle-Tacoma-Bellevue unemployment level dipped to 6.9%, and the unemployment level in Shoreline was just 6.1%, the lowest level here since 2008. Shoreline’s 6.1% rate is significantly lower than its 2011 level of 8.3% and its 2010 level of 9.2%.
City of Shoreline Economic Development Manager Dan Eernissee commented, “The great recession of the past several years has been a financial struggle for many Shoreline families. We haven't fully recovered, and many people are still struggling, but it is great to see the unemployment rate drop as more and more people in our community find jobs. The City Council remains committed to supporting economic development so that businesses can keep hiring and people can find jobs to support their families.”
During this year’s goal setting process, the City Council made strengthening Shoreline’s economic base its primary goal. Besides attracting new investors and businesses, the Council is committed to supporting local businesses by partnering with Shoreline Community College to offer weekly business development workshops. To learn more about Shoreline’s Economic Development Program visit the business page.