Friday, June 20, 2014
Washington, DC – The District of Columbia Department of Employment Services reported today that the preliminary May job estimates show a decrease of 3,200 jobs, for a total of 746,100 jobs in the District. The private sector dropped 3,100 jobs, while the public sector payrolls declined by 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 in May was 7.5 percent, which stays unchanged from the revised April rate. The number of unemployed District residents decreased by 100 from 27,800 in April 2014 to 27,700 in May 2014.
Based on more complete reporting from employers, previously released April estimates were revised downward to show an over-the-month (March-April) total non-farm employment increase of 4,500 jobs. The April revised unemployment rate is at 7.5 percent.
- Trade, Transportation, and Utilities decreased by 100 jobs, after increasing by 400 jobs in April. With employment at 30,300, jobs are up by 1,600 or 5.6 percent from a year ago.
- Professional and Business Services increased by 900 jobs, after an increase of 1,000 jobs in April. With employment at 157,300, jobs are up by 1,800 or 1.2 percent from a year ago.
- Leisure and Hospitality gained 1,500 jobs, after a gain of 2,400 jobs in April. With employment at 71,400, jobs are up by 1,800 or 2.6 percent over the year.
- Financial Activities gained 100 jobs, after having no change in jobs in the prior month. With employment at 28,700, jobs are up by 300 or 1.1 percent from one year ago.
- Educational and Health Services decreased by 6,100 jobs, after an increase of 300 jobs in the prior month. With employment at 124,000, jobs are down by 400 or -0.3 percent from a year ago.
- Other Services increased by 400 jobs, after a gain of 200 jobs the prior month. With employment at 68,200, jobs are down by 1,000 or -1.4 percent from a year ago.
- Construction increased by 200 jobs, after an increase of 500 jobs in April. With employment at 14,000, jobs are up by 100 or 0.7 percent from a year ago.
- Information had no change in jobs over-the-month, after having no change in jobs the prior month. With employment at 17.000, there was no change in jobs from one year ago.
- Manufacturing had no over-the-month job change, after having no over-the-month change in 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 600 over the month to 342,400. The civilian labor force increased by 600 to 370,200.
- One year ago, total employment was 340,300 and the civilian labor force was 371,700. The number of unemployed was 31,400, and the unemployment rate was 8.5 percent.
NOTES: The May 2014 final and June 2014 preliminary unemployment rate and survey of jobs data for the District will be released on Friday, July 18, 2014. 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 2013 annual benchmark revisions.
Industry employment data is not seasonally adjusted.