Overall unemployment rate stayed flat at 3.6% with the biggest shift in Business Services, which gained 4,500 roles, based on the most recently available information published in April 2022.
Total employment in the Washington-Arlington-Alexandria, DC-VA-MD-WV market rose by 24,671 jobs in March and the unemployment rate stayed flat. The national unemployment rate decreased by 39 bps over the same time to 3.8%.
- Washington-Arlington-Alexandria, DC-VA-MD-WV unemployment rate is 15 bps below the national rate which is a positive sign.
- Unemployment in the market is 170 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in March versus prior month by 3.3% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Business Services: 791,600; +4,500
- Government: 714,700; -300
- Education & Healthcare: 429,900; +1,700
- Transportation & Utilities: 399,100; -1,800
- Restaurants & Hotels: 285,900; +3,700
- Other Jobs: 194,800; +400
- Construction, Mining: 163,000; +2,600
- Financial Services: 152,800; +100
- IT & Development: 77,500; +1,000
- Manufacturing: 55,500; +500
Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.