Olympia-Tumwater, Washington Unemployment
The BLS reported that the unemployment rate for Olympia rose 0.1 percentage points in January 2023 to 4.6%. For the same month, the metro unemployment rate was 0.0 percentage points lower than the Washington rate. The unemployment rate in Olympia peaked in April 2020 at 16.0% and is now 11.4 percentage points lower. From a post peak low of 4.2% in July 2022, the unemployment rate has now grown by 0.4 percentage points. You can also compare Olympia unemployment with unemployment in other cities.
| Unemployment Rate | January 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.4% | -0.1 | -0.6 |
| Washington | 4.6% | +0.1 | +0.6 |
| Olympia | 4.6% | +0.1 | +0.2 |
Unemployment Rate: Olympia, Washington, National
Note: Recessions shown in gray.
Olympia, Washington Unemployed
The number of people unemployed in Olympia peaked in April 2020 at 25,017. There are now 18,265 fewer people unemployed in the metropolitan area. From a recent trough of 6,205 in October 2022, the number of unemployed has now grown by 547. Olympia employment and jobs data (including jobs lost/gained in Olympia, Washington) is also available.
| Unemployed Persons | January 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Olympia | 6,752 | +196 | +270 |
Number of Unemployed Persons
Olympia, Washington Unemployment History
| Date | National Unemployment Rate |
Washington Unemployment Rate |
Olympia Unemployment Rate |
Olympia Unemployed |
|---|---|---|---|---|
| February 2023 |
3.6% | — | — | — |
| January 2023 |
3.4% | 4.6% | 4.6% | 6,752 |
| December 2022 |
3.5% | 4.5% | 4.5% | 6,556 |
| November 2022 |
3.6% | 4.6% | 4.4% | 6,389 |
| October 2022 |
3.7% | 4.6% | 4.2% | 6,205 |
| September 2022 |
3.5% | 4.4% | 4.2% | 6,215 |
| August 2022 |
3.7% | 4.3% | 4.3% | 6,301 |
| July 2022 |
3.5% | 4.1% | 4.2% | 6,295 |
| June 2022 |
3.6% | 3.9% | 4.4% | 6,507 |
| May 2022 |
3.6% | 3.9% | 4.4% | 6,502 |
| April 2022 |
3.6% | 3.9% | 4.3% | 6,466 |
| March 2022 |
3.6% | 3.9% | 4.4% | 6,489 |
1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩
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