recession

Mary Altaffer / AP Photo

It took four years, but Washington has now recovered more jobs than it lost during the Great Recession. But Wednesday’s announcement comes with a caveat.

Tacoma’s City Council will vote this afternoon to slash the city budget by 15 percent - with cuts to pretty much everything, including the police and fire departments.

City Manager T.C. Broadnax took the job in February from San Antonio, Texas. He says he knew Tacoma had some cutting to do – but as he dug into the numbers, he realized spending was deeply out of whack and anticipated revenue was not there.

The housing slump continues to hurt property tax revenue,and  money from sales tax hasn’t bounced back. Broadnax says Tacoma had been trying to put off cuts for years.

USDAgov / Flickr

The recession has brought a major spike in the number of Washington families who experience hunger, according to data from advocates and federal officials. Hunger has gone up all over the country, but the U.S. Department of Agriculture finds that Washington has fared worse than the country overall.

For the first time in nearly a decade, a Washington municipality has defaulted on a loan. The Greater Wenatchee Public Facilities District operates Town Toyota Center near the banks of the Columbia River. It missed a major bond payment on December 1st. Now the Washington legislature is debating whether to step in.

wikimedia

Things are so bad, a picture is now only worth 200 words. People are using the sun to get a tan. Everyone is downsizing — CEOs are even playing miniature golf.

Recession has us in depression, and we are certainly not going to let a good crisis go to waste, hence this week’s episode on songs about hard times ...

Daniel Bogan / flickr.com

Economists say the recession ended in June, 2009, but for many of us, it’s hard to tell the difference. Unemployment remains high and the economy is growing slowly.

This month on "The Digital Future," Strategic News Service publisher Mark Anderson and KPLU’s Dave Meyer look at the bright spot of the economy:  the technology sector.

Courtesy of Harvey Field

In the past decade the number of takeoffs and landings at Paine Field has dropped by nearly half.

The Snohomish County airport at Everett serves Boeing and aircraft maintenance businesses. But, most of the decline is among small private aircraft.

Ted S. Warren / AP

Washington's jobless rate is down to 9.1 percent after the state added an estimated 5,800 jobs in April.