Thursday, November 3, 2016

New report: October DC economic indicators

The Office of the Chief Financial Officer today released the October 2016 economic indicators report.   Report highlights:
  • The total number of jobs in the District increased by 13,300 (1.8%) compared to the previous August
  • The federal government sector gained 4,200 jobs (a 2.1% increase) compared to a year ago; while the education and health sector gained 2,400 jobs (an increase of 2.0%) over the previous year
  • The unemployment rate for the District was 6.0% in August; 0.1% higher than the previous month
  • The number of new unemployment claims increased by 2.6% compared to the previous year
  • 312 condos were sold in August 2016; a 6.3% decline from one year ago
  • In August the median price for a single family home increased by 2.5%, while the median price of a condo increased by 3.0% from the previous year

Highlights from the email announcing the latest report.

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