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District’s Unemployment Rate Drops to 9.1 Percent

Friday, July 20, 2012

District’s Unemployment Rate Drops to 9.1 Percent

District of Columbia Economy Gained 2,000 Private Sector Jobs in June

Washington, DC – The District of Columbia Department of Employment Services reported today that the preliminary June job estimates show an increase of 3,800 jobs, for a total of 735,900 jobs in the District. The private sector gained 2,000 jobs, while the public sector payrolls increased by 1,800 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 9.1 percent in June and is 0.2 percent lower than the previous month. The number of unemployed District residents decreased by 700 from 32,900 in May 2012 to 32,200 in June 2012. 
 
Based on more complete reporting from employers, previously released May estimates were revised downward to show an over-the-month (April-May), total non-farm employment decrease of 6,200 jobs. The May revised unemployment rate stays at 9.3 percent.
 
 

Employment Overview

  • Trade, Transportation, and Utilities had no over-the-month change in jobs, after a 100 job gain in May. With employment at 27,400, the sector had no change in jobs from a year ago.
  • Professional and Business Services gained 2,400 jobs, after a 1,200 job loss in May. With employment at 152,200, jobs are up by 1,000 or 0.7 percent from a year ago.
  • Leisure and Hospitality dropped 900 jobs, after a gain of 1,300 jobs in May. With employment at 64,700, jobs are up by 1,700 or 2.7 percent over the year.
  • Financial Activities lost 100 jobs, after having no change in jobs the prior month. With employment at 26,800, jobs are up by 100 or 0.4 percent from one year ago.
  • Educational and Health Services decreased by 300 jobs, after a loss of 6,500 jobs the prior month. With employment at 117,400, jobs are up by 4,800 or 4.3 percent from a year ago. 
  • Other Services had no change in jobs over the month, after a decrease of 400 jobs the prior month. At 68,700, employment is up by 1,000 or 1.5 percent from a year ago.
  • Construction gained 900 jobs, after having no change in jobs in May. At 13,900, employment is up by 1,900 jobs or 15.8 percent from a year ago.
  • Information had no over-the-month job change, after gaining 200 jobs in May. At 18,500, employment is down by 400 jobs or -2.1 percent from one year ago.
  • Manufacturing had no change in jobs, after gaining 100 jobs in the prior month. With employment at 1,100, there was no change in jobs from one year ago. Employment in manufacturing has remained constantly stable. Manufacturing is the smallest sector in the District, accounting for less than 0.2 percent of total payroll employment.
 

Labor Force Overview

  • The number of District residents employed increased by 2,600 over the month to 321,900. The civilian labor force increased by 2,000 to 354,100. 
  • One year ago, total employment was 306,800 and the civilian labor force was 342,300.  The number of unemployed was 35,500, and the unemployment rate was 10.4 percent.
NOTES: The June final and July 2012 preliminary unemployment rate and survey of jobs data for the District will be released on Friday, August 17, 2012. Historical jobs and labor force estimates for the District of Columbia and detailed labor market information.
 
Technical Notes: Estimates of industry employment and unemployment levels are arrived at 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 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 Bureau of Labor Statistics. 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 2011 annual benchmark revisions.
Industry employment data is not seasonally adjusted.
 
Announcement: Changes to the Procedures for Producing Current Employment Statistics (CES) State Estimates
Production of March Preliminary Current Employment Statistics Data
The production of State and metropolitan area Current Employment Statistics (CES) estimates has transitioned from State Workforce Agencies to the Bureau of Labor Statistics with the production of preliminary estimates for March 2011.  Concurrent with this transition, the Bureau of Labor Statistics will implement several methodological changes to standardize the estimation approach across States.  While these changes will reduce the potential for statistical bias in State and metropolitan area estimates, they may increase the month-to-month variability of the estimates.  More detailed information on the changes to procedures for producing CES estimates is available on the Bureau of Labor Statistics website.