Recently Garner Economics released a new study on the top metropolitan areas to have experienced employment growth since before the recession. Across the nation about half of the 370+ metropolitan areas are having a difficult time getting their employment back up like it was before the recession began. The Tri City Washington area is not one of those metro areas to be having trouble bouncing back, in fact they are actually ranked number one out of the 372 metro areas. Compared to five years ago the Tri Cities’ employment has increased by 5.4% from its peak employment rate before the recession. This past September employment was up to 102,200 up 5,500 from the previous September.
According to some of our Tri City Development Council representatives, jobs out at Hanford are not the only reason for the excellent job growth. The increased employment is attributed to the available resources as well as the diverse professions in the area. The Tri Cities has several large industries in addition to what Hanford brings, such as retail, health care, agriculture, and manufacturing.
Posted by Joe and Colleen Lane, your Tri Cities Real Estate Agents. Call or email us today! 509.438.9344
by Colleen Lane
The Lane Real Estate Team
(509) 438-9344 - Colleen cell
Feel free to call or text!