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Home » Authors » Journal of Business Staff

Articles by Journal of Business Staff

Spokane-area unemployment rate hits two-year low

Total nonfarm jobs decrease over year
July 22, 2025
Journal of Business Staff

The unemployment rate for the Spokane-Spokane Valley Metropolitan Statistical Area dropped to 3.4% in June, down from 3.8% a year earlier and 4% in May, preliminary data from the Washington state Employment Security Department shows.


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Commerce sets rent cap for 2026

Maximum allowable increase goes into effect Jan. 1
July 21, 2025
Journal of Business Staff

The Washington State Department of Commerce has announced a maximum allowable rent increase of 9.683% for 2026.


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Washington Trust parent reports rise in earnings

Loans, deposits up year-over-year for W.T.B. Financial Corp.
July 18, 2025
Journal of Business Staff

W.T.B. Financial Corp., the Spokane-based holding company for Washington Trust Bank, posted second-quarter net income of about $19.6 million, or $7.91 per diluted share, an increase over the year-earlier quarter’s net income of about $11.7 million, or $4.69 per share.


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Spokane Transit Authority selects new CEO

Karl Otterstrom to assume role in August
July 18, 2025
Journal of Business Staff

The Spokane Transit Authority board of directors voted July 17 to confirm Karl Otterstrom as the agency’s next CEO.


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Northwest Specialty Hospital adds new operating rooms

Expansion expected to reduce surgery delays at Post Falls facility
July 18, 2025
Journal of Business Staff

Northwest Specialty Hospital opened its 11th and 12th operating rooms this week, expanding surgical capacity at the Post Falls medical facility.


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Real estate and construction news briefs: July 17

July 17, 2025
Journal of Business Staff

State's job count gets significant boost in June

Washington's unemployment rate remains steady
July 16, 2025
Journal of Business Staff

Washington state employers added 10,900 jobs in June, preliminary data from the Washington state Employment Security Department shows.


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Journal names its 2025 Rising Stars class

Honorees to be recognized at September event
July 15, 2025
Journal of Business Staff

This year’s honorees will be recognized at an event on the evening of Thursday, Sept. 11, at Barrister Winery.


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SRTC awards $40M for transportation improvements

Federal funding to go toward 21 projects in Spokane County
July 14, 2025
Journal of Business Staff

The Spokane Regional Transportation Council has awarded about $40 million in federal funding for transportation projects across Spokane County.


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Dave & Buster's to open Spokane Valley venue in August

Entertainment company aims to hire over 160 employees at new location
July 10, 2025
Journal of Business Staff

The Dave & Buster’s Spokane Valley location is scheduled to open Aug. 11.


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