Conventional wisdom states that the Washington, D.C. metro area is insulated from the recession because of all the government jobs here. Well, according to this table, the District of Columbia is experiencing a higher than average increase in the unemployment rate.
D.C. November 2007 unemployment: 5.7%
D.C. November 2008 unemployment: 8.0%
D.C. Increase in unemployment: +2.3%
That 2.3% increase in unemployment is the 12th worst in the nation, counting all 50 states plus D.C.
For those who insist on distinguishing between D.C. proper and the broader D.C. metro area, the unemployment rate statistics are for D.C. proper.
Sunday, January 04, 2009
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