Overall unemployment rate moved up to 3.7% with the biggest shift in Government, which gained 200 roles, based on the most recently available information published in April 2022.
Total employment in the California-Lexington Park, MD market declined by 45 jobs in February and the unemployment rate increased compared to the prior month by 30 bps to 3.7%. The national unemployment rate decreased by 28 bps over the same time to 4.1%.
- California-Lexington Park, MD unemployment rate is 44 bps below the national rate which is a positive sign.
- Unemployment in the market is 70 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in February versus prior month by -0.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.3% . Key sectors include:
- Government: 15,800; +200
Data is based on the most recent 12 months available, through February 2022 (Data published April 2022 and reports created on April 6, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.