Washington economic forecasters say turning point near - Spokane, North Idaho News & Weather KHQ.com

Washington economic forecasters say turning point near

SPOKANE, Wash. - The state Revenue Forecast Council says initial claims for unemployment benefits in Washington apparently have peaked.

In its May report, the council says that may be a sign the recession is nearing the bottom in the state.

While the pace of job losses is declining, the council expects the unemployment rate to continue rising until the middle of next year.

VIEW: Washington State Economic Commentary

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