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Washington Metro’s Unemployment Rate at 2.7 percent

Wednesday, August 2, 2023

(Washington, DC) - The District of Columbia’s Department of Employment Services (DOES) reported today that the preliminary June job estimates show an increase of 24,400 jobs for a total of 2,790,700 jobs in the Washington Metropolitan Division. The private sector increased by 26,300 jobs, while the public sector decreased by 1,900 jobs. The Washington Metropolitan Division's not seasonally adjusted June 2023 unemployment rate was 2.7 percent, which was unchanged from the revised May 2023 rate of 2.7 percent.  The Washington Metropolitan Division’s unemployment rate was 3.2 percent in June 2022, which was 0.5 percentage points higher than the current unemployment rate of 2.7 percent.

Over-the-Month Area Civilian Labor Force, Employment and Unemployment Data
 
The total civilian labor force in the Washington Metropolitan Division for June 2023 was 2,837,200, of which 2,759,500 were employed and 77,700 were unemployed.  The unemployment rate was 2.7 percent.  The total civilian labor force in the Suburban Ring of the Communities surrounding the District of Columbia was 3,135,100, of which 3,068,800 were employed and 66,400 were unemployed.  The unemployment rate for this area was 2.1 percent.  In the Washington Metropolitan Statistical Area, which includes the Washington Metropolitan Division and the Bethesda-Gaithersburg-Frederick, Maryland Metropolitan Division, the civilian labor force was 3,529,800, of which 3,441,800 were employed and 88,000 were unemployed.  The unemployment rate for this area was 2.5 percent.  For the month the unemployment rate for the Washington Metropolitan Division was unchanged while the unemployment rate for the Washington Metropolitan Statistical Area decreased by 0.1 percentage point and the unemployment rate for the Suburban Ring decreased by 0.2 percentage points from the previous month’s rate.

Over-the-Year Area Civilian Labor Force, Employment and Unemployment Data

The Washington Metropolitan Division’s civilian labor force increased over the year by 77,000, while the number of employed increased by 88,000, and the number of unemployed decreased by 11,000.  The civilian labor force for the Suburban Ring increased over the year by 78,900, while the number of employed increased by 106,300, and the number of unemployed decreased by 27,300.  Meanwhile, the Washington Metropolitan Statistical Area’s civilian labor force increased by 81,400, while the number of employed increased by 106,300 and the number of unemployed decreased by 24,900.  For the year, the unemployment rate for the Washington Metropolitan Division decreased by 0.5 percentage points, the unemployment rate for the Washington Metropolitan Statistical Area decreased by 0.8 percentage points while the unemployment rate for the Suburban Ring decreased by 1.0 percentage point from a year ago.

Metropolitan Division’s Job Growth

Total wage and salary employment in the Washington Metropolitan Division increased over the month by 24,400 jobs. The private sector increased by 26,300 jobs, while the public sector decreased by 1,900 jobs over the month. Eight private sectors had over the month job gains.  Job gains were registered in mining, logging & construction (3,900 jobs); manufacturing (400 jobs); trade, transportation, and utilities (2,500 jobs); information (1,700 jobs); financial activities (600 jobs); professional and business services (6,700 jobs); leisure and hospitality (10,300 jobs) and other services (600 jobs).  The private sector loss was registered in educational and health services (-400 jobs). Government overall decreased 1,900 jobs over the month. The federal government decreased 1,500 jobs, state government decreased by 2,200 jobs and the local government increased by 1,800 jobs.
                                                                                                                    
During the past 12 months, employment in the Washington Metropolitan Division increased by 67,800 jobs. The private sector increased by 55,000 jobs, while the public sector increased by 12,800 jobs. Job increases were registered in mining, logging & construction (7,600 jobs); trade, transportation, and utilities (1,000 jobs); information (400 jobs).  professional and business services (4,900 jobs); educational and health services (19,100 jobs); leisure and hospitality (16,600 jobs) and other services (6,400 jobs). The private sector loss was registered in manufacturing (-700 jobs) and financial activities (-300 jobs).  Government overall increased by 12,800 jobs.  Federal government shows a decrease of 5,800 jobs, State government shows an increase of 9,300 jobs and the local government increased 9,300 jobs.

Washington Metropolitan Statistical Area Explanations

Estimated Labor Force and Employment for the Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division includes: The District of Columbia, Virginia Cities of Alexandria, Fairfax, Falls Church, Fredericksburg, Manassas, Manassas Park and the Virginia Counties of Arlington, Clarke, Fairfax, Fauquier, Loudon, Prince William, Spotsylvania, Stafford, Warren, Rappahannock and Culpeper; the Maryland Counties of Calvert, Charles, and Prince Georges; and the West Virginia County of Jefferson.
The estimates for the Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Statistical Area will be the summation of the estimates for the Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division (contained in this release) and the Bethesda-Gaithersburg-Frederick, MD Metropolitan Division (to be released by the Maryland Department of Labor, Licensing and Regulation).

Data reflects the 2022 annual benchmark revisions.
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