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Unemployment in neighborhoods east of the Anacostia River is the lowest it’s been in several years, according to federal data released today by the D.C. government.
The Department of Employment Services says in its May jobs report that the unemployment rates in Wards 7 and 8 were 9.5 and 11.3 percent, respectively—the lowest levels they’ve seen since 2007 (Ward 7) and 2002 (Ward 8).
“The seasonally adjusted preliminary unemployment rate was 6.1 percent in May—down 0.3 percentage points from the reported April unemployment rate,” DOES explains in a release. “The unemployment rates in Ward 7 and Ward 8 continue to show significant decline, demonstrating a 0.4 and 0.7 percent drop since April.”
In recent weeks, Mayor Muriel Bowser has specifically cited the District’s improving economic health as a reason for it to achieve budget autonomy and statehood.
Overall, D.C. had 373,600 employed residents in May, an increase of 2,200 from April. A year ago, that total was 360,500, according to DOES. The department reports that there are 781,000 jobs in the District, based on data from the U.S. Department of Labor’s Bureau of Labor Statistics.
More jobs doesn’t mean that everything is rosy, though: A recent survey commissioned by Charles Schwab found that, on average, people in the region believe it takes a net worth of $2.7 million to be considered “wealthy” and $720,000 to be considered “financially comfortable.” You can dig into the District’s ward-based data for last month and April here.