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Article: DISTRICT OF COLUMBIA JANUARY UNEMPLOYMENT RATE FALLS TO LOWEST LEVEL IN 15 YEARS
- Article from:
- US Fed News Service, Including US State News
- Article date:
- March 10, 2006
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The District of Columbia Department of Employment Services issued the following news release:
The Department of Employment Services today announced that the District of Columbia's seasonally adjusted unemployment rate for January 2006 dropped significantly over the month to 5.4 percent. This marks a 0.5 percent decline from the December 2005 rate and a 1.7 percent decrease since January 2005.
"The January unemployment rate is at its lowest level in over fifteen years-since March 1990-and shows substantial over-the-year improvement in labor market conditions for District residents," said Director Gregory Irish. "Throughout calendar year 2005, we have seen a steady month-to-month decline in ...