By MBAKS Senior Policy Analyst Allison Butcher

The near-record-low 2.6% unemployment rate for Seattle/Bellevue/Everett seen in February rose to 5.5% in March, according to the latest monthly employment report, which shows the first wave of job losses from the COVID-19 pandemic. The Employment Security Department notes the impacts on jobs are more likely to be evident in the April report. Meanwhile, housing indicators from the latest Builders Bulletin do not yet reflect the impact of coronavirus on real estate and new home construction. The report shows year-over-year median home price increases in March and rising permits in February.

The Builder's Bulletin is intended to provide a convenient way to track housing in our market and includes information from the Northwest Multiple Listing Service, State of the Cities Data Systems, Office of Financial Management, and the Washington State Employment Security Department.

Download this month's report:

By West Seattle Blog

Today was a special work day for crews from some members of the Master Builders Association of King and Snohomish Counties—the annual Rampathon, donating time to build mobility ramps for residents in need. Among this year's participants, longtime WSB sponsor Potter Construction.

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In criticizing Fox "News," the late Steve Jobs famously said, "The axis today is not liberal and conservative, the axis is constructive-destructive, and you've cast your lot with the destructive people." Nationally, destructive policy comes from the right.

On the Planet Seattle, however, a good deal of destructive policy comes from the left. Chief example is the demand for construction impact fees by some on the City Council and among candidates for mayor and council posts. The claim is to "make growth pay for itself." And the implication is that developers are getting a free ride.

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