Overall unemployment rate stayed flat at 3.3% with the biggest shift in Government, which lost 200 roles, based on the most recently available information published in March 2022.
Total employment in the California-Lexington Park, MD market declined by 136 jobs in January and the unemployment rate stayed flat. The national unemployment rate increased by 74 bps over the same time to 4.4%.
- California-Lexington Park, MD unemployment rate is 113 bps below the national rate which is a positive sign.
- Unemployment in the market is 110 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in January versus prior month by 0.8% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.3%. Key sectors include:
- Government: 15,600; -200
Data is based on the most recent 12 months available, through January 2022 (Data published March 2022 and reports created on March 18, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.