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Districts Unemployment Rate at 8.6 Percent

Monday, March 18, 2013

Districts Unemployment Rate at 8.6 Percent

Washington, DC – The District of Columbia Department of Employment Services reported today that the preliminary January job estimates show a decrease of 9,400 jobs, for a total of 725,700 jobs in the District. The private sector dropped 8,300 jobs, while the public sector payrolls decreased by 1,100 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 was 8.6 percent in January and is 0.2 percentage points higher than the previous month. The number of unemployed District residents increased by 700 from 31,300 in December 2012 to 32,000 in January 2013. 
 
Based on more complete reporting from employers, previously released December estimates were revised downward to show an over-the-month (November-December), total non-farm employment decrease of 900 jobs. The December revised unemployment rate decreased by -0.1 percentage point to 8.4 percent.
 
Employment Overview
  • Trade, Transportation, and Utilities lost 900 jobs, after a gain of 400 jobs in December. With employment at 27,000, jobs are down by 400 or -1.5 percent from a year ago.
  • Professional and Business Services lost 1,900 jobs, after a gain of 700 jobs in December. With employment at 153,500, jobs are up by 2,800 or 1.9 percent from a year ago.
  • Leisure and Hospitality lost 2,500 jobs, after a loss of 800 jobs in December. With employment at 62,200, jobs are up by 1,500 or 2.5 percent over the year.
  • Financial Activities gained 300 jobs, after gaining 500 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 decreased by 1,700 jobs, after a loss of 2,200 jobs the prior month. With employment at 117,000, jobs are up by 2,400 or 2.1 percent from a year ago. 
  • Other Services lost 1,300 jobs, after a gain of 1,100 jobs the prior month. With employment at 67,700, jobs are up by 700 or 1.0 percent from a year ago.
  • Construction lost 100 jobs, after a loss of 200 jobs in December. With employment at 13,300, jobs are up by 800 or 6.4 percent from a year ago.
  • Information dropped 200 jobs, after having no job change in December. At 16,700, employment is down by 800 jobs or -4.6 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 800 over the month to 340,200. The civilian labor force increased by 1,600 to 372,300. 
  • One year ago, total employment was 318,800 and the civilian labor force was 352,000.  The number of unemployed was 33,300, and the unemployment rate was 9.4 percent.
 
NOTES: The January 2013 final and February 2013 preliminary unemployment rate and survey of jobs data for the District will be released on Friday, March 29, 2013. 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.