By MBAKS Senior Policy Analyst Allison Butcher

The January jobs report was just released on March 16 and showed improvement from the prior month. Washington’s unemployment rate fell from 7.1% in December 2020 to 6.0% in January 2021. The January unemployment rate in the Seattle metropolitan area was 5.8%. The March Builders Bulletin also includes year-end permit totals for 2020, which were relatively flat for single-family. In contrast, multifamily permits fell 17% in King, Snohomish, and Pierce counties in 2020 compared to 2019.

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:

The City of Bellevue has launched an update to the Bellevue Map Viewer - its interactive map platform. Members of the community can access more development and construction information, including building permits for new and altered single family and multifamily projects, right of ways, fire, utilities, and land use actions.

To explore the permit data layer, access Bellevue Map Viewer on the main Maps and GIS page, select the "Permits" layer and ZOOM in.

Please contact rbc@mbaks.com with any questions.

High-Quality, American-Built Skylights and Other Products

Established in 1982, CrystaLite is a Northwest manufacturer of high-quality skylights, roof glazing, sun rooms, and railing systems for residential, commercial, and industrial markets. Based in Everett, Washington, CrystaLite has additional distribution and sales locations in Spokane and Salem, Oregon, and employs 60 total employees. Materials are sourced in America and all products are manufactured in the Pacific Northwest. The company sells its products across the United States.

Lots of Hats

Cathy Hieb is Controller and Secretary/Treasurer of CrystaLite, but assumes other roles. "My background is in finance. I started 13 years ago as the company Controller and have just recently assumed the corporate responsibility as Secretary/Treasurer. I handle the company finances, like quarterly/monthly reporting, financial statements, payroll, AR, and AP. But I wear a lot of other hats. I'm also personal secretary to the President and Vice President."

Big Cost Savings From the MBA Trust

CrystaLite has been a member of the MBA Health Trust for 12 years. "Cost savings is the big advantage to being in the Trust," Cathy says. "These days, keeping health insurance costs down but still providing employees what they need is a challenge. We pay 100 percent of our employees' premiums and that's something we want to continue to do if it's affordable."

Significant Savings Compared to Other Plans

Cathy says CrystaLite goes out for bid every year for health insurance but always finds the best options with the MBA. "We've even had other insurance companies approach us for our business and then tell us that the MBA Health Trust is way better, the savings are so significant, that we should just stay with them. Only once did we go to another plan, but then we came back to the Trust."

The MBA Trust Gives Crystalite Plan Flexibility

CrystaLite employees have the choice between two plan options, depending on their personal needs and circumstances. "About seven years ago, the high-deductible HSA program came on the scene and we were the first company to jump on board," Cathy relates. "We offer our employees two programs: a traditional plan for those who use more doctor visits and the high-deductible health-savings account for those who just want to make sure they have catastrophic coverage. Now we have 90 percent on the HSA program. You can still see any doctor you want and all the major hospitals in Seattle are covered. The HSA plan is affordable for us but still offers major benefits for our employees when they really need it."

Strong Broker Relationship

"Our administrator is EPK," says Cathy. "They're very good. They know our company very well and what our goals are. If I have a question, they are giving me answers right on the first phone call. Adding or terminating employees is accomplished pretty much the same day. They are really good at that."