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District of Columbia Economy Adds 11,800 Jobs in July

Monday, August 18, 2014

District of Columbia Economy Adds 11,800 Jobs in July

District’s Unemployment Rate stays at 7.4 Percent
Washington, DC – The District of Columbia Department of Employment Services reported today that the preliminary July job estimates show an increase of 11,800 jobs, for a total of 763,400 jobs in the District. The private sector gained 1,300 jobs, while the public sector payrolls increased by 10,500 jobs. The July increase in public sector jobs is mainly due to the start of the six-week-long Summer Youth Employment Program sponsored by the District of Columbia Department of Employment Services. 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 July was 7.4 percent; this rate is unchanged from the revised June rate of 7.4 percent. The number of unemployed District residents increased by 200 from 27,300 in June 2014 to 27,500 in July 2014.
 
Based on more complete reporting from employers, previously released June estimates were revised downward to show an over-the-month (May-June) total non-farm employment increase of 5,100 jobs. The June revised unemployment rate is at 7.4 percent.
 
Employment Overview
  • Trade, Transportation, and Utilities had no over-the-month job change, after an increase of 900 jobs in June. With employment at 31,200, jobs are up by 2,600 or 9.1 percent from a year ago.
  • Professional and Business Services increased by 1,200 jobs, after an increase of 2,900 jobs in June. With employment at 161,300, jobs are up by 4,100 or 2.6 percent from a year ago.
  • Leisure and Hospitality decreased by 300 jobs, after a drop of 500 jobs in June. With employment at 70,700, jobs are up by 1,900 or 2.8 percent over the year.
  • Financial Activities gained 100 jobs, after a gain of 100 jobs in the prior month. With employment at 29,000, jobs are up by 300 or 1.0 percent from one year ago.
  • Educational and Health Services increased by 200 jobs, after a decrease of 1,200 jobs in the prior month. With employment at 123,300, jobs are up by 4,500 or 3.8 percent from a year ago. 
  • Other Services decreased by 100 jobs, after a gain of 1,300 jobs the prior month. With employment at 69,400, jobs are down by 500 or -0.7 percent from a year ago.
  • Construction increased by 100 jobs, after an increase of 300 jobs in June. With employment at 14,400, jobs are down by 200 or -1.4 percent from a year ago.
  • Information increased by 100 jobs, after an increase of 200 jobs the prior month. With employment at 17,200, jobs are down by 100 or -0.6 percent from one year ago.
  • Manufacturing had no over-the-month job change, after a drop of 100 jobs the prior month. With employment at 800, jobs are down by 200 or -20.0 percent from one year ago.
Labor Force Overview

 
  • The number of employed District residents increased by 100 over the month to 343,700. The civilian labor force increased by 400 to 371,200. 
  • One year ago, total employment was 368,900 and the civilian labor force was 337,700.  The number of unemployed was 31,100, and the unemployment rate was 8.4 percent.

NOTES: The July 2014 final and August 2014 preliminary unemployment rate and survey of jobs data for the District will be released on Friday, September 19, 2014. Historical jobs and labor force estimates for the District of Columbia and detailed labor market information is 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 2013 annual benchmark revisions.
 
Industry employment data is not seasonally adjusted.