Tag Archives: psns

Kitsap finished year with 6.1 percent unemployment

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Unemployment by county. Click to enlarge.

 

The unemployment rate for Kitsap County was 6.1 percent in December, down 1 percent from 2012 and nearly 2 percent from 2011, according to a report from the state Employment Security Department.

The statewide unemployment rate for December was 6.6 percent, a five-year low. Economists said the drop in the unemployment rate was largely due to job seekers giving up on finding work and dropping out of the labor force.

In Kitsap, the civilian labor force declined by 4,300 workers between December 2012 and December 2013. Private employers in the county added 1,600 jobs over the same period.

Meanwhile the county shed 900 government jobs. That trend should reverse early in the year as Puget Sound Naval Shipyard and Intermediate Maintenance Facility hires more than 1,000 worker trainees.

 

Report highlights Kitsap maritime industry

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Puget Sound employs three times more people in maritime trades than the national average.

That’s one headline from a maritime industry impact report recently released by the Puget Sound Regional Council. The blog.psnsconcentration of marine jobs is no surprise for our watery corner of the world, particularly in Kitsap, where a naval base and shipyard rank as top employers.

But while the importance of the industry may be well known, the supporting data used in the 83-page report is enlightening.

The study examines the regional economic impact of the industry, the performance of various sectors over time, and the potential for growth. Here are some highlights:

  • The maritime industry employed 57,700 people in Washington in 2012. Another 90,000 people were indirectly employed in related fields.
  • Maritime businesses grossed $25.2 billion in 2012, and paid $4.1 billion in wages.
  • Maritime jobs are concentrated in central Puget Sound, with 41 percent in King County and 24 percent in Kitsap.
  • Puget Sound Naval Shipyard and Intermediate Maintenance Facility employed 11,288 civilians in September 2013, accounting for the vast majority of maritime employment in Kitsap.
  • PSNS awards about $200 million annually in contracts for work completed in Washington. (It just awarded Vigor Shipyards a $33 million contract for upgrades to a destroyer)
  • Bremerton’s SAFE Boats International (pictured at top) employs 350 floor workers and about 30 in engineering.
  • Maritime jobs are good paying jobs, averaging about $70,000 a year (before benefits), and closer to $80,000 for federal employees.

The report didn’t embed well, but you can give it a read or download it here. Continue reading