What's Hot: RFK Stadium Cleared For Demolition | Airbnb Unveils Icons
DC Area Has Lowest Unemployment in the Country (Thanks to Fed Govt.)
The DC area has the lowest unemployment rate in the country, according to statistics released recently by the Bureau of Labor Statistics.
Over the last year, the unemployment rate has been 6 percent. The DC area ranked lowest in the country followed by Minneapolis-St. Paul (6.4 percent), Oklahoma City (6.5 percent) and Austin, Texas (6.9 percent).
The honor is thanks in large part to increased federal government spending and the jobs that has created. Also, it should be noted that while the DC area overall has low unemployment, DC proper has seen unemployment levels as high as 12 percent over the last year.
The national unemployment rate is not getting any better either, growing from 9.1 percent in May 2009 to 9.3 percent in May 2010.
See other articles related to: unemployment
This article originally published at https://dc.urbanturf.com/articles/blog/dc_area_has_lowest_unemployment_in_the_country_thanks_to_fed_govt/2224.
Most Popular... This Week • Last 30 Days • Ever
Georgetown Metropolitan reported on Tuesday that the Instagram account for the nation... read »
A Home Equity Line of Credit, commonly referred to as HELOC, is a borrowing product t... read »
The National Park Service has given the green light for DC's 62 year-old stadium to b... read »
UrbanTurf continues our tour of neighborhood developments around the region as we tak... read »
A regular inclusion as one of DC's most expensive housing markets, Georgetown remains... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro