Archive for the 'Commercial' Category

DC Area Economic Report - Good News!

Tuesday, October 28th, 2008

10 Largest Job Markets.jpgThis new regional report has come out from the Greater Washington initiative and the news is VERY POSITIVE!  I have placed the graphs from their analysis on the left hand side and below.  It shows what we all have known about the D.C. metro area.

First, the D.C. region has the lowest unemployment rate of all the major job markets in the United States.

Second, the government and the professional & business services hold about 50% of the jobs in the area.

Third, the DC region in the last 10 years has had one of the largest increases in job growth across the United States.

Fourth, the one area - Professional and business service jobs, which accounts for close to 25% of the jobs in the region, is also area that has had the most amount of growth compared to all the major cities in the U.S. (more…)