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We are insulated......not immune

By
Real Estate Agent with @Home Real Estate

No, we're not made of styrofoam. We don't keep things hot or cold. But the northern virginia, and in fact the entire DC metro area, is insulated from the economic woes of the rest of the country. Don't get me wrong, I didn't say we're immune. We've got issues just like everyone else. They're just not as bad as everyone else.

I was talking to someone the other day who said, "government will never get smaller." I don't know if that's true, but it doesn't seem incorrect. And we've got a boatload, well actually hundreds of boatloads of government contractors around supporting all this government. It's really ridiculous. Again, I'm not complaining. It's just why we're unique from the rest of the country.

So what are the numbers? Well across the country we're at an uneployment number upwards of 7.1%. Here in Virginia we're significantly less at 5.2%. And in Northern Virginia we fare even better. Our number is 3.9%. Believe it or not, we can go even lower! Fairfax county, where Tysons Corner resides, is at the low figure of 3.4%. So tell everyone to move here, because this is where it's at.

Data used is from Virginia Employment Commision