Decrease in District Unemployment
10/2/2012, 1:42 p.m.
Mayor Vincent C. Gray announced recently that the District of Columbia's unemployment rate continued to decline, with the latest job estimates showing a decrease of 0.1 percent to 8.8 percent.
The number of unemployed District residents dropped by 500 from 31,700 in July to 31,200 in August. The August numbers mark six straight months of unemployment decline in the District.
"While it's gratifying to see a continued drop, our employment situation is complex and we must not give in to complacency," Gray said. "We must continue working diligently to grow and diversify our economy. To back off now would be foolhardy, especially given the very real possibly of devastating federal budget cuts on the horizon."