November 9, 2015
Fast Facts
Bringing Business Up to Speed
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U.S. employers add nearly 300k jobs in October, most since December 2014

Significant job gains in construction, health care and retail has U.S. employers creating jobs – 271,000 jobs in October alone, which is the most since December of last year, according to an Associated Press report. The national jobs news also has the Federal Reserve looking to increase interest rates at their mid-December meeting.

Retailers added nearly 44,000 jobs in October, the most since last November, and hotels and restaurants added 41,000. Professional and business services, which includes lawyers, architects and engineers, added 78,000 positions, the most in nearly a year. Good-paying U.S manufacturing jobs, in contrast, barely grew in October.

Washington's taxable retails sails continue to grow, hitting $33.9 billion for the second quarter of 2015. It's a 9.4 percent increase over the same quarter in 2014. The growth is highest in the most urban parts of the state, with King County seeing an 11.4 percent increase in sales and Clark County a 15 percent increase. At the same time, Yakima County saw a much more modest 2.7 percent increase and the city of Spokane a 3.9 percent increase.

The number are a reminder that Washington state is realizing an uneven economic recovery with some counties, like King, seeing robust job growth while other counties, like Chelan and Whatcom, have much higher unemployment rates that are poised to only get worse in the wake of the recently-announced aluminum plant closures.

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Children Need Options

Parent Perspective: Making A Non-Political Case For Charter Schools

By Linda Sikora

I know there are funding issues and administration issues and legislative issues and union issues... all the "yeah buts" that people stake their positions on so vehemently. Here's my "yeah but" -- I wish we could channel that passion differently, I wish the "opposed" people could have the experience I had today... to see a child's eyes light up and watch her confidence emerge. It was one of those soft, seminal moments in my life. In that moment, I knew this child's life, her trajectory, could completely change. Sometimes, the biggest changes start small -- one child at a time, one school at a time. We can figure this out, people.

Please don't close these schools.

Click here to read the full blog post via the Washington State Charter School Association
Reauthorize Ex-Im Bank

Businesses Languishing Without Ex-Im Bank; Congress, Reauthorize It

By The Seattle Times editorial Board

Hilliard's Beer is gaining popularity in Sweden, where the Seattle-based brewery planned to expand sales this year. It has also received interest from distributors in Toronto and London.

Those opportunities are now on hold since Congress failed to reauthorize the Export-Import Bank last summer.

Elected leaders must end the ideological battle over Ex-Im and revive this vital tool for U.S. companies to grow exports overseas.

Hilliard's Beer is one of hundreds of exporters that used Ex-Im to secure loan guarantees and credit insurance for international sales. The shutdown has resulted in more than $9 billion worth of deals lost, said U.S. Sen. Maria Cantwell, D-Wash.

A lot more is at stake -- last year the bank completed $27.4 billion in transactions and supported 164,000 U.S. jobs.

Click here to read the full editorial in The Seattle Times
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