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District of Columbia Economy Adds 4,700 Private Sector Jobs in February

Friday, March 29, 2013

District of Columbia Economy Adds 4,700 Private Sector Jobs in February

District Unemployment Rate Unchanged at 8.6 Percent

Washington, DC – The District of Columbia Department of Employment Services reported today that the preliminary February job estimates show an increase of 3,300 jobs, for a total of 728,900 jobs in the District. The private sector gained 4,700 jobs, while the public sector payrolls decreased 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 February was 8.6 percent, which is unchanged from the January revised rate of 8.6 percent. The number of unemployed District residents increased by 200 from 32,000 in January 2013 to 32,200 in February 2013. 
 
Based on more complete reporting from employers, previously released January estimates were revised downward to show an over-the-month (December-January), total non-farm employment decrease of 9,500 jobs. The January revised unemployment rate stays at 8.6 percent.
 
Employment Overview
  • Trade, Transportation, and Utilities had no over-the-month job change, after a loss of 900 jobs in January. With employment at 27,000, jobs are down by 400 or -1.5 percent from a year ago.
  • Professional and Business Services lost 200 jobs, after a loss of 2,100 jobs in January. With employment at 153,100, jobs are up by 1,600 or 1.1 percent from a year ago.
  • Leisure and Hospitality gained 700 jobs, after a loss of 2,400 jobs in January. With employment at 63,000, jobs are up by 500 or 0.8 percent over the year.
  • Financial Activities had no over-the-month job change, after gaining 300 jobs in the prior month. With employment at 28,800, jobs are up by 700 or 2.5 percent from one year ago.
  • Educational and Health Services increased by 3,600 jobs, after a loss of 1,700 jobs the prior month. With employment at 120,600, jobs are up by 5,400 or 4.7 percent from a year ago. 
  • Other Services gained 100 jobs, after a loss of 1,300 jobs the prior month. With employment at 67,800, jobs are up by 200 or 0.3 percent from a year ago.
  • Construction gained 200 jobs, after a loss of 100 jobs in January. With employment at 13,500, jobs are up by 700 or 5.5 percent from a year ago.
  • Information gained 300 jobs, after a loss of 300 jobs in January. At 16,900, 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 100 or -10.0 percent from one year ago.
 
Labor Force Overview
 
  • The number of District residents employed increased by 700 over the month to 340,900. The civilian labor force increased by 900 to 373,100.
  • One year ago, total employment was 321,000 and the civilian labor force was 353,900.  The number of unemployed was 32,900, and the unemployment rate was 9.3 percent.
 
NOTES: The February 2013 final and March 2013 preliminary unemployment rate and survey of jobs data for the District will be released on Friday, April 19, 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.