Trends and Developments Concerning Washington Public Labor Contracts
By Jim Cline and Kate Kremer
The just-released June CPI numbers show that inflation continues to be low. The Seattle CPI-W index came in at 1.2% up 1/10 of a percentage from April but down from 2.7% from last June. The All-Cities index came in at 1.8%, up from 0.9 in April and slightly up from last June’s 1.6%. This graph shows the movement over the past year.
By Jim Cline and Kate Kremer
As part of our spring 2013 wage series, it seemed important to interject a discussion about how arbitrators have ruled in the recent economic climate. I recently spoke on many of the same points at the Annual PERC sponsored Labor and Employment Relations Association (LERA) Conference, so this seems like an appropriate time for this review.
By Jim Cline
The just-released home sales data indicates some continued improvement in the local housing market. This is also a good sign of a broader recovery not only of the Seattle area economy, but possibly a statewide recovery. As we recently reported, the Washington State Economic and Revenue Forecast Council continues to indicate that the Washington State economy is recovering at a somewhat stronger rate than the national economy.
