Washington Area Unemployment Rate Unchanged in August 2011

The U.S. Bureau of Labor Statistics released unemployment rate figures for metropolitan areas and divisions today with 262 out of 372 metropolitan areas showing improvement. 26 metropolitan areas showed virtually no change in the jobless rate including the Washington, D.C. metro area.

The D.C. area unemployment rate was flat at 6.1% in August 2011, and was the same figure reported for August 2010 as well as July 2011.

The lowest unemployment rate in the area -- at 5.6% -- was in the Bethesda-Rockville-Frederick metropolitan division which includes areas in Montgomery and Frederick Counties and along the I-270 Technology Corridor.

The Washington-Arlington-Alexandria metropolitan division reported a higher unemployment rate at 6.2%.

Washington, D.C. proper continued to report an unemployment rate well above the national average. The rate was 10.9% in August 2011, higher than the August 2010 rate of 9.8% but slightly lower than the July 2011 rate of 11.0%.

The highest unemployment rate in the nation was El Centro, California reporting 32.4%.

Washington Area Unemployment Rate Unchanged in August 2011

Stocks, Trading and Investing