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ROUND 8.3 EMPLOYMENT FORECAST (2010 and 2040) : Area 2010 2040 Change Percent Change

This document forecasts employment numbers for various policy areas in Montgomery County, Maryland for the years 2010 and 2040. It shows that total county employment is projected to increase by 204,800 jobs, or 40.1%, from 510,300 jobs in 2010 to 715,100 jobs in 2040. Many areas like White Flint, North Bethesda and Germantown West are expected to see job growth over 100%. Areas like Rural East, Rural West and Grosvenor are projected to have little to no change in employment over this time period.

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60 views1 page

ROUND 8.3 EMPLOYMENT FORECAST (2010 and 2040) : Area 2010 2040 Change Percent Change

This document forecasts employment numbers for various policy areas in Montgomery County, Maryland for the years 2010 and 2040. It shows that total county employment is projected to increase by 204,800 jobs, or 40.1%, from 510,300 jobs in 2010 to 715,100 jobs in 2040. Many areas like White Flint, North Bethesda and Germantown West are expected to see job growth over 100%. Areas like Rural East, Rural West and Grosvenor are projected to have little to no change in employment over this time period.

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Planning Docs
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© © All Rights Reserved
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ROUND8.

3EMPLOYMENTFORECAST(2010and2040)
MontgomeryCounty,Maryland
byPolicyArea
AREA

AspenHill
BethesdaCbd
Bethesda/ChevyChase
Clarksburg
Cloverly
Damascus
Derwood
Fairland/WhiteOak
FriendshipHeights
GaithersburgCity
GermantownEast
GermantownTownCenter
GermantownWest
Glenmont
Grosvenor
Kensington/Wheaton
MontgomeryVillage/Airpark
NorthBethesda
NorthPotomac
Olney
Potomac
R&DVillage
RockvilleCity
RockvilleTownCenter
RuralEast
RuralWest
ShadyGroveMetroStation
SilverSpringCbd
SilverSpring/TakomaPark
Twinbrook
WheatonCbd
WhiteFlint
Total*

2010

8,500
37,700
53,000
3,000
1,600
1,800
15,500
32,100
8,800
52,300
9,100
3,600
11,000
400
500
17,100
12,600
39,300
2,500
7,100
15,500
19,000
53,100
12,900
9,200
3,600
3,700
24,900
16,100
14,800
5,800
13,900
510,300

2040

8,800
49,500
54,900
14,100
2,000
1,900
15,700
47,000
10,300
76,400
14,900
4,500
25,200
1,900
500
18,700
13,100
48,300
2,700
8,000
18,600
33,600
73,900
21,300
10,800
3,600
4,400
40,300
24,700
22,200
11,700
31,500
715,100

Change

300
11,800
1,900
11,100
400
100
200
14,900
1,500
24,100
5,800
900
14,200
1,500
0
1,600
500
9,000
200
900
3,100
14,600
20,800
8,400
1,600
0
700
15,400
8,600
7,400
5,900
17,600
204,800

PercentChange

3.5%
31.3%
3.6%
370.0%
25.0%
5.6%
1.3%
46.4%
17.0%
46.1%
63.7%
25.0%
129.1%
375.0%
0.0%
9.4%
4.0%
22.9%
8.0%
12.7%
20.0%
76.8%
39.2%
65.1%
17.4%
0.0%
18.9%
61.8%
53.4%
50.0%
101.7%
126.6%
40.1%

*Totalsmaynotsumduetorounding.
NOTE:ForecastsarepreparedaspartoftheCooperativeForecastingProcessoftheMetropolitanWashingtonCouncilof
Governments(www.mwcog.org).ForecastsforareaswithintheCitiesofGaithersburgandRockvillearebasedonthe
forecastspreparedbyeachCityundertheCooperativeForecastingProcess.
SOURCE:Research&SpecialProjectsDivision,MontgomeryCountyPlanningDepartment,Round8.3CooperativeForecast.

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