InFocus: State revenue forecast, employment numbers, and labor news

Washington Research Council

New state revenue numbers are out, with good news for the state budget. However, there's still a big budget hole to fill in order to comply with the McCleary ruling, which requires full state funding of basic K-12 education by 2018. We also discuss new employment numbers, as well as the Obama administration overtime rule that's been suspended by a court order, and the latest on the City of Seattle's moves toward more restrictive regulations on employers. Here's a link to the U.S. Bureau of Labor Statistics release on national employment numbers: http://www.bls.gov/news.release/empsit.nr0.htm Here's a link to Washington state's Monthly Employment Report from the state Employment Security Department: https://fortress.wa.gov/esd/employmentdata/docs/economic-reports/current-monthly-employment-report Here's the most recent Economic & Revenue Update from the Washington State Economic and Revenue Forecast Council: http://www.erfc.wa.gov/publications/documents/nov16.pdf Here's our blog post, Labor policy reprieves, in Seattle and the nation: http://researchcouncil.org/2016/11/23/labor-policy-reprieves-in-seattle-and-the-nation And here's our blog post on the City of Seattle's job-scheduling mandate: http://researchcouncil.org/2016/09/19/seattles-new-job-scheduling-mandate-union-recruiting-tool