AGP Executive Report
Last update: 5 hours agoChildcare Costs: Washington’s childcare shortage is estimated to drain $6.3 billion a year from the state economy: $5 billion in lost parent earnings and $1.3 billion in business losses. King County accounts for nearly 60% of both. Port Economy: Seattle’s record 2026 cruise season brought nearly 2 million passengers and an estimated $1.2 billion in regional economic activity, supporting more than 5,120 jobs. Amazon Hiring: The Seattle-based retailer plans to hire more than 300,000 seasonal workers nationwide, up 20% from last year, at an average of $20 an hour. Clean Energy: Seattle startup Endurance Energy says it generated a net 2 kilowatts of power in a brief seafloor geothermal test, while remotely operating the system from shore. Financial Regulation: Seattle-based Coinme agreed to a $2.5 million multistate settlement over anti-money-laundering violations and will end its cryptocurrency kiosk operations by Jan. 1, 2027, or face an additional $4 million penalty.
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