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Indicators of Montgomery County Progress August 2011

Montgomery County's unemployment rate dropped slightly in June 2011 to 5.6% with 29,354 unemployed residents. Maryland's unemployment rate also declined slightly to 7% while the Washington D.C. metro area's rate fell to 6.2%. Within the region, Arlington County had the lowest rate at 3.9% and Washington D.C. the highest at 11.2%. Nationally, the unemployment rate decreased to 9.2% with 14.09 million unemployed, down 506,000 from the previous year. While regional numbers improved over 2010, monthly data showed increases in unemployment across all local jurisdictions.

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44 views

Indicators of Montgomery County Progress August 2011

Montgomery County's unemployment rate dropped slightly in June 2011 to 5.6% with 29,354 unemployed residents. Maryland's unemployment rate also declined slightly to 7% while the Washington D.C. metro area's rate fell to 6.2%. Within the region, Arlington County had the lowest rate at 3.9% and Washington D.C. the highest at 11.2%. Nationally, the unemployment rate decreased to 9.2% with 14.09 million unemployed, down 506,000 from the previous year. While regional numbers improved over 2010, monthly data showed increases in unemployment across all local jurisdictions.

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trendsheet

MONTGOMERY COUNTY STATE AND REGION

INDICATORS OF MONTGOMERY COUNTY PROGRESS

August 2011

e m p l o y m e n t m o n i t o r - June 2011 unemployment data


In June 2011, Montgomery Countys unemployment rate dropped one-tenth of a percent from the previous June to 5.6 percent. The current rate reflects 29,354 unemployed residents in the County. At 7.0 percent, Marylands June 2011 unemployment rate decreased one-tenth of a percent since June a year ago. Statewide, 208,341 people were unemployed in June. The Washington, D.C. metropolitan areas unemployment rate decreased two-tenths of a percent from last year to 6.2 percent in June, with 193,111 unemployed people in the region. Among neighboring counties, Arlington County had the lowest unemployment rate at 3.9 percent, down three-tenths of a percent posted one year ago, with 5,564 unemployed residents. Fairfax Countys June 2011 unemployment rate was 4.5 percent, down six-tenths of a percent from June 2010 with 27,338 unemployed residents. Washington D.C. had the highest unemployment rate at 11.2 percent, up from the 10.2 percent posted in June 2010, with 39,835 unemployed residents.
NATION

Overall, the unemployment numbers in the Washington, D.C. region have improved compared to one year ago. Monthly data, however, show significant increases in the number of unemployed across all jurisdictions. In Montgomery County, the rate rose from 5.2 percent in May 2011 to 5.6 percent in June 2011.
UNEMPLOYMENT RATE, 2007 - 2011 11% 10% 9% 8% 7% 6% 5% 4% 3% 2% 1% 7.0% 6.2% 5.6% 9.2%

The nations June 2011 unemployment rate was 9.2 percent down three-tenths of a percent from June 2010. The number of unemployed persons in the nation decreased by 506,000 -from 14.59 million unemployed persons in June 2010 to 14.09 million in June 2011.

UNEMPLOYMENT TRENDS

0%

June

2007

2008
United States

2009
Maryland

2010
DC Metro Area

2011
Montgomery

Montgomery County Planning Department, M-NCPPC MontgomeryPlanning.org

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