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Low Unemployment in Northern VirginiaThe U.S. Bureau of Labor Statistics released an unemployment report today that examined the rates of unemployment in the Northern Virginia counties and cities.

Unless you've been living under a rock, haven't turned on the t.v., read a newspaper, been on the internet, or walked down the street in the last 6 months, you're aware that the unemployment rate in the United States has skyrocketed to the 10% region.

Well, in Northern Virginia, most areas are doing quite well when it comes to employment statistics, and some counties, like Arlington, Fairfax, and Loudoun are doing phenomenal -- less than half of national unemployment.

Here's a look at unemployment numbers as of December 2009:

  • Arlington County -- 4% unemployment
  • Fairfax County -- 4.6% unemployment
  • Loudoun County -- 4.6% unemployment
  • Alexandria City -- 4.8% unemployment

Even Fredericksburg VA, with its comparatively high 9.9% unemployment rate is far below many other hurting areas of the nation.

Compare the above numbers with those of some other major metropolitan areas:

  • Atlanta -- 10.1% unemployment
  • Chicago -- 10.6% unemployment
  • Los Angeles -- 11.3% unemployment
  • Tampa -- 12.4% unemployment
  • Las Vegas -- 13.1% unemployment
  • Detroit -- 14.8% unemployment

Click here to view D.C. & Northern Virginia unemployment numbers on an area map.

With these numbers, it's no wonder people from around the country are starting to search for homes in Northern Virginia and moving here!

 

 

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This post has been included in Virginia Real Estate News Arlington County, VA Real Estate News Arlington, VA Real Estate News
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7 Comments on Less than Half: Unemployment in Northern Virginia

FEB
22
2010
2 Featured Posts

That's great news! I hear that in Orlando, Florida where I sell real estate, the rate is somewhere near 11%. =o

5:04pm • #1
552,190 Points 8 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Good news Brian.  I have no idea what Missouri is doing.  I'm off to find out.

8:17pm • #2
1,479,154 Points 275 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Wow, Brian!  Those numbers are really great.  I think they are a lot higher than DC's.

9:30pm • #3
FEB
23
2010
120,617 Points 5 Featured Posts

From the desk of David Dee,

Brian, that is a signifant difference. Didn't like the figure for LA there. :(

12:43am • #4
611,692 Points 163 Featured Posts Attended Rain Camp Called Shot Master

According to how they measure things, I have been unemployed (full time anyway) since I started my business in 1981.

6:16am • #5
881,522 Points 34 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

The problem with that is that so many people are not counted among the unemployed......

5:12pm • #6
FEB
07

Hey Brian - Jobs are the key! 

Housing is still hurting and the economy won't rise until housing is settled. Housing won't be settled with terrible underemployment. Go Jobs Go!

Here is a 2012 update on UNemployment and UNDERemployment:  

http://activerain.com/blogsview/2810804/thirteen-definitions-you-need-to-know-when-talking-about-u-s-unemployment-

I hope McLean is seeing some turnaround. We're not feeling the "dropping" unemployment rate yet here in Oregon.

4:40am • #7

What does the graphic say?

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Brian Block -- Northern Virginia & D.C. Real Estate

McLean, VA

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RE/MAX Allegiance, Managing Broker/Branch Vice President

Address: 6226 Old Dominion Drive, McLean, VA, 22101

Office Phone: (703) 626-0715

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