Washington state unemployment rate drops
Puget Sound Business Journal
Washington’s unemployment rate in April improved to 9.2 percent in April, the first time the state has seen a decline in three years. The Bellevue-Seattle-Everett’s unemployment rate in April was 7.9 percent, down from March’s jobless rate of 8.6 percent.
Broadway, Pike/Pine eligible for city’s $40 million tax credit program
Capitol Hill Seattle Blog
Thanks to new federal economic initiatives, Capitol Hill businesses and others across Seattle can now apply for millions of dollars in project investment through the New Market Tax Credits (NMTC) program. The Office of Economic Development, which led the city’s application for the credits, will manage the investment of NMTCs through a city-created entity, the Seattle Investment Fund LLC.
Study: Tech Sector is a jobs engine for Washington state
Nearly half of all jobs in Washington state are tied to the technology industry, according to a new study released today by the Technology Alliance at the group’s annual luncheon.
As a service to the Seattle business community, the Office of Economic Development curates a daily business news blast, Daily Digest. As a new trial feature on Bottom Line, we’re posting a handful of stories from the Daily Digest every day. Find the stories informative or helpful? Keep checking Bottom Line or sign up for Daily Digest to receive the full version in your inbox every day. Subscribe to the Daily Digest here.