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District’s Unemployment Rate Drops to 8.6 Percent

Friday, December 20, 2013

District’s Unemployment Rate Drops to 8.6 Percent

District of Columbia Unemployment Rate Is 0.3 Percentage Points Lower Than Previous Month
Washington, DC – The District of Columbia Department of Employment Services reported today that the preliminary November  job estimates show a decrease of 1,200 jobs, for a total of 736,300 jobs in the District. The private sector gained 200 jobs, while the public sector payrolls declined by 1,400 jobs. The numbers are drawn from the United States Bureau of Labor Statistics (BLS) through its monthly survey of the District of Columbia’s employers.  
 
The District’s seasonally adjusted unemployment rate in November was 8.6 percent, which is 0.3 percentage points lower than the revised October rate of 8.9 percent. The number of unemployed District residents decreased by 1,100 from 32,400 in October 2013 to 31,300 in November 2013.
 
Based on more complete reporting from employers, previously released October estimates were revised downward to show an over-the-month (September-October) total non-farm employment increase of 3,100 jobs. The October revised unemployment rate stays at 8.9 percent.
 
Employment Overview
 
  • Trade, Transportation, and Utilities increased by 600 jobs, after a gain of 100 jobs in October. With employment at 27,800, jobs are up by 300 or 1.1 percent from a year ago.
  • Professional and Business Services increased by 900 jobs, after an increase of 200 jobs in October. With employment at 157,000, jobs are up by 2,300 or 1.5 percent from a year ago.
  • Leisure and Hospitality decreased by 500 jobs, after a gain of 400 jobs in October. With employment at 69,700, jobs are up by 4,200 or 6.4 percent over the year.
  • Financial Activities increased by 200 jobs, after a decrease of 100 jobs in the prior month. With employment at 29,100, jobs are up by 1,100 or 3.9 percent from one year ago.
  • Educational and Health Services decreased by 200 jobs, after a gain of 3,200 jobs in the prior month. With employment at 120,300, jobs are down by 600 or -0.5 percent from a year ago. 
  • Other Services decreased by 700 jobs, after a gain of 400 jobs the prior month. With employment at 68,600, jobs are up by 700 or 1.0 percent from a year ago.
  • Construction decreased by 100 jobs, after a loss of 400 jobs in October. With employment at 13,100, jobs are down by 500 or -3.7 percent from a year ago.
  • Information had no over-the-month job change, after a loss of 100 jobs in October. At 16,300, employment is down by 600 jobs or -3.6 percent from one year ago.
  • Manufacturing had no over-the-month job change, after having no change in jobs the prior month. With employment at 900, there was no change in jobs from one year ago.
Labor Force Overview
 
  • The number of employed District residents increased by 2,400 over the month to 332,600. The civilian labor force increased by 1,300 to 363,900.
  • One year ago, total employment was 337,800 and the civilian labor force was 369,300.  The number of unemployed was 31,500, and the unemployment rate was 8.5 percent.
 
NOTES: The November 2013 final and December 2013 preliminary unemployment rate and survey of jobs data for the District will be released on Tuesday, January 28, 2014. Historical jobs and labor force estimates for the District of Columbia and detailed labor market information is available here
 
Technical Notes: Estimates of industry employment and unemployment levels are arrived through the use of two different monthly surveys. 
 
Industry employment data are derived through the Current Employment Statistics (CES) survey, a monthly survey of business establishments conducted by the US Bureau of Labor Statistics (BLS) of the US Department of Labor, which provides estimates of employment, hours, and earnings data broken down by industry for the nation as a whole, all states, and most major metropolitan areas (often referred to as the “establishment” survey). 
 
Resident employment and unemployment data are mainly derived from the District’s portion of the national Current Population Survey (CPS), a household survey conducted each month by the US Census Bureau under contract with BLS, which provides input to the Local Area Unemployment Statistics (LAUS) program (often referred to as the “household” survey). 
 
Both industry and household estimates are revised each month based on additional information from updated survey reports compiled by BLS. In addition, these estimates are benchmarked (revised) annually based on actual counts from the District’s Unemployment Compensation Law administrative records and other data.
 
Data reflects 2012 annual benchmark revisions.
 
Industry employment data is not seasonally adjusted.