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Article: DISTRICT OF COLUMBIA FEBRUARY UNEMPLOYMENT RATE DIPS TO 5.3 PERCENT
- Article from:
- US Fed News Service, Including US State News
- Article date:
- March 29, 2006
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The District of Columbia Department of Employment Services issued the following news release:
The Department of Employment Services (DOES) announced today that the District of Columbia's seasonally adjusted February 2006 unemployment rate continues to drop, down to 5.3 percent (down 0.1 percent) since January. The February 2006 rate was 1.7 percent lower than the rate in February 2005.
"The steady decrease in the local unemployment rate is good news for District residents. We are now experiencing the lowest unemployment level in 16 years-since February 1990. Compared to a year earlier, there were 5,500 fewer unemployed residents," said Director Irish.
The seasonally adjusted national ...