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District of Columbia Economy Adds 2,500 Private Sector Jobs in March

Friday, April 19, 2013

District of Columbia Economy Adds 2,500 Private Sector Jobs in March

The District's unemployment rate drops to 8.5 percent.

Washington, DC – The District of Columbia Department of Employment Services reported today that the preliminary March job estimates show an increase of 2,900 jobs, for a total of 731,900 jobs in the District. The private sector gained 2,500 jobs, while the public sector payrolls increased by 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 unemployment rate was 8.5 percent in March, a decrease of 0.1 percentage point from the February revised rate of 8.6 percent. The number of unemployed District residents decreased by 300 from 32,200 in February 2013 to 31,900 in March 2013. 
 
Based on more complete reporting from employers, previously released February estimates were revised upward to show an over-the-month (January-February), total non-farm employment increase of 3,400 jobs. The February revised unemployment rate stays at 8.6 percent.
 
Employment Overview
  • Trade, Transportation, and Utilities gained 100 jobs over-the-month, after having no job change in February. With employment at 27,100, jobs are down by 400 or -1.5 percent from a year ago.
  • Professional and Business Services gained 800 jobs, after having no job change in February. With employment at 154,100, jobs are up by 1,400 or 0.9 percent from a year ago.
  • Leisure and Hospitality gained 1,800 jobs, after a gain of 800 jobs in February. With employment at 64,900, jobs are up by 500 or 0.8 percent over the year.
  • Financial Activities lost 300 jobs, after dropping 500 jobs in the prior month. With employment at 28,000, jobs are down by 200 or -0.7 percent from one year ago.
  • Educational and Health Services decreased by 500 jobs, after a gain of 4,100 jobs the prior month. With employment at 120,600, jobs are up by 5,100 or 4.4 percent from a year ago. 
  • Other Services gained 600 jobs, after having no job change the prior month. With employment at 68,300, jobs are up by 300 or 0.4 percent from a year ago.
  • Construction had no over-the-month job change, after a gain of 200 jobs in February. With employment at 13,500, jobs are up by 500 or 3.8 percent from a year ago.
  • Information had no over-the-month job change, after a gain of 200 jobs in February. At 16,800, employment is down by 800 jobs or -4.5 percent from one year ago.
  • Manufacturing had no over-the-month job change, after having no job change the prior month. With employment at 900, jobs are down by 200 or -18.2 percent from one year ago.
Labor Force Overview

  • The number of employed District residents increased by 300 over the month to 341,200. The civilian labor force was unchanged at 373,100. 
  • One year ago, total employment was 323,200 and the civilian labor force was 355,900.  The number of unemployed was 32,700, and the unemployment rate was 9.2 percent.
 
NOTES: The March 2013 final and April 2013 preliminary unemployment rate and survey of jobs data for the District will be released on Friday, May 17, 2013. Historical jobs and labor force estimates for the District of Columbia and detailed labor market information is available at: http://does.dc.gov/page/labor-statistics
 
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.