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Indicators of Montgomery County Progress June 2011

Montgomery County's unemployment rate dropped to 4.8% in April 2011, the lowest since January 2009, with 24,513 unemployed residents. Maryland's unemployment rate was 6.8% in April 2011, down from the previous year. The Washington D.C. metro area's unemployment rate decreased to 5.4% in April 2011. Nationally, the unemployment rate fell to 9.0% in April 2011, down from the previous year although it increased slightly from March to April 2011.

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43 views1 page

Indicators of Montgomery County Progress June 2011

Montgomery County's unemployment rate dropped to 4.8% in April 2011, the lowest since January 2009, with 24,513 unemployed residents. Maryland's unemployment rate was 6.8% in April 2011, down from the previous year. The Washington D.C. metro area's unemployment rate decreased to 5.4% in April 2011. Nationally, the unemployment rate fell to 9.0% in April 2011, down from the previous year although it increased slightly from March to April 2011.

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Planning Docs
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trendsheet

MONTGOMERY COUNTY STATE AND REGION

INDICATORS OF MONTGOMERY COUNTY PROGRESS

June 2011

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


In April 2011, Montgomery Countys unemployment rate dropped three-tenths of a percent from the previous April to 4.8 percent the lowest rate since January 2009. The current rate reflects 24,513 unemployed residents in the county. At 6.8 percent, Marylands April 2011 unemployment rate decreased seven-tenths of a percent since April a year ago. Statewide, 203,416 persons were unemployed in April. The Washington, D.C. metropolitan areas unemployment rate also decreased five-tenths of a percent from last year to 5.4 percent in April, with 164,601 unemployed persons in the region. Among neighboring counties, Arlington County had the lowest unemployment rate at 3.4 percent, down seven-tenths of a percent posted one year ago, with 4,849 unemployed persons. Fairfax Countys April 2011 unemployment rate was 4.0 percent, down eight-tenths of a percent from April 2010, with 24,364 unemployed persons.
NATION

Nationally, the unemployment rate fell nine-tenths of a percent from the previous April. Monthly data, however, shows the national unemployment rate increased two-tenths of a percent between March and April.
UNEMPLOYMENT RATE, 2007 - 2011
11% 10%

UNEMPLOYMENT RATE, 2007 2011


8% 7% 6%

9%

9.0%

6.8% 5.4%

The nations April 2011 unemployment rate was 9.0 percent down nine-tenths of a percent from April 2010. The number of unemployed persons in the nation decreased by 1.39 million -- from 15.14 million unemployed persons in April 2010 to 13.75 million in April 2011.

5% 4% 3% 2% 1%

4.8%

UNEMPLOYMENT TRENDS

April

0%

2007

2008
United States

2009
Maryland

2010
DC Metro Area

2011
Montgomery

UNEMPLOYMENT TRENDS Montgomery County, MD Wa s hi ngton, D.C. Metro Area Wa s hi ngton, D.C. Al exa ndri a , VA Arl i ngton, VA Fa i rfa x County, VA Howa rd County, MD Pri nce George's County, MD Ma ryl a nd Uni ted States

Apr-07 ra te 2.4% 2.7% 4.9% 2.0% 1.7% 1.9% 2.3% 3.4% 3.5% pers ons 12,183 79,996 15,843 1,756 2,226 11,322 3,630 15,157 105,017

Apr-08 ra te pers ons 2.5% 2.9% 4.9% 2.2% 1.9% 2.3% 2.4% 3.5% 3.8% 13,050 89,348 16,352 2,077 2,654 13,478 3,920 15,902 116,834 ra te

Apr-09 pers ons 24,790 168,973 26,900 4,321 5,697 27,013 7,540 28,400 210,702 4.8% 5.5% 8.5% 4.6% 4.1% 4.5% 4.7% 6.3% 6.9%

Apr-10 ra te 5.1% 5.9% 9.3% 4.6% 4.1% 4.8% 5.2% 7.0% 7.5% pers ons 27,456 182,050 31,334 4,460 5,777 28,631 8,297 31,217 223,178

Apr-11 ra te 4.8% 5.4% 9.4% 4.0% 3.4% 4.0% 4.9% 6.5% 6.8% pers ons 24,513 164,601 31,174 3,911 4,849 24,364 7,776 28,943 203,416

4.5% 6,836,000

5.0% 7,606,000

8.9% 13,734,000

9.9% 15,138,000

9.0% 13,747,000

So urce: M o ntgo mery Co unty P lanning Department analysis o f U.S. B ureau o f Labo r Statistics, Lo cal A rea Unemplo yment Statistics and Current Emplo yment Survey data

Montgomery County Planning Department, M-NCPPC MontgomeryPlanning.org

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