Labor
Number of Workers in Family
The Tacoma-Bremerton-Olympia, WA has an average of 1.4 workers per family. This market subsequently ranks 98th in the number of workers per family across the 167 STI Markets. It has a location quotient of 0.95 time the national average of 1.5.
Figure 31: Workers In Family
Labor Force
The Tacoma-Bremerton-Olympia, WA ranks 85th in labor force participation among the 167 STI Markets with 61.7% of those 16 plus in the labor force. Of those in the Labor force 4.84% are in the Armed Forces a value 6.28 times the national average resulting in an Armed Forces employment ranking of 9th across STI Markets.
In terms of overall employment size, the market ranks 111th with employment of 912,596.
Unemployment Rate of 4.5%
With an Unemployment Rate of 4.5% the Tacoma-Bremerton-Olympia, WA currently ranks 45th in Unemployment among the 167 STI Markets.
UER Inequality - Moderate
The Tacoma-Bremerton-Olympia, WA can current be classified as having Moderate level of variation across its Census Tracts. This classification is based on the Gini Coefficient of the market which is currently 0.346. Low (0 to .3), Moderate (.3 to .4), High (.4 to .6), Extreme (.6 to 1). The Gini Coefficient is often used to classify inequality. Across all STI Markets the Tacoma-Bremerton-Olympia, WA ranks 143rd. The interquartile range of the markets Census Tracts, that is its 25th percentile and 75th percentile values, are 2.7% and 6.1%, respectively.
