by John Cook on Sep 30, 2026 at 1:33 pm September 30, 2026 at 1:33 pm
Seattle’s economic engine is stalling, and downtown is taking the brunt of the hit .
Between 2024 and 2025, Seattle shed 18,065 total jobs, with a staggering 70% of those losses—13,000 jobs—coming directly from the city’s downtown core, according to a new report released by the Downtown Seattle Association.
In some ways, it’s a tale of two cities.
While Seattle proper shrank, neighboring Eastside tech hub Bellevue gained 5,375 jobs over the same timeframe, highlighting a shifting center of gravity within the Puget Sound region.
A lot of that growth in Bellevue, and decline in…
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