Overall unemployment rate moved down to 4.1% , based on the most recently available information published in June 2021.
Total employment in the California-Lexington Park, MD market rose by 471 jobs in April and the unemployment rate decreased compared to the prior month by 20 bps to 4.1%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- California-Lexington Park, MD unemployment rate is 165 bps below the national rate which is a positive sign.
- Unemployment in the market is 210 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in April versus prior month by -1.7% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs stayed flat. Key sectors include:
- Government: 15,400; no change
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.