BUSINESS BRIEFS — Downsizing bills session set Tuesday in Port Ludlow . . . and other business items

Peninsula Daily News

PORT LUDLOW — Kitsap Bank and local author Tane Cabe will hold a free workshop for retirees looking to downsize or age in place.

“How to Buy a Home with No Monthly Payments Without Paying All Cash” will take place at Kitsap Bank, 74 Breaker Lane, from 10:45 a.m. to 11:45 a.m. Tuesday, March 18.

Participants will learn strategies to eliminate mortgage payments and increase cash, income and assets using a little-known government program.

Everyone attending will receive a free signed copy of Cabe’s book, Double Your Retirement Dollars.

Space is limited. Phone 800-490-4287 or visit www.nohousepayment62.com/kitsapbank to register.

State jobless rate

SEATTLE — Washington state has more jobs than before the start of the recession, with a January employment rate of 6.4 percent, the Employment Security Department reported Wednesday.

Washington added 3,800 jobs between December and January.

State economists said they now believe Washington didn’t lose as many jobs as originally thought and has more than recovered from recession job losses.

Figures for Clallam and Jefferson counties will be available Tuesday.

Previous data suggested the state lost about 205,000 jobs from February 2008 through February 2010.

After further study and analysis, economists now believe the losses were around 189,000.

A recent statistical update also found that Washington had gained more jobs last year than previously announced, resulting in a net job growth from February 2010 through January 2014 of nearly 193,000 jobs.

Last modified: March 05. 2014 6:27PM
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