At least someone/somewhere is doing well.
New Geography: "No matter how far the economy falters, there is always a winner. And no city does better when the nation is at the brink of disaster than Washington, DC. Since December 2007, when the current recession formally began, the nation has lost approximately 6 million jobs. Only two states, Alaska and North Dakota, have lost a smaller percentage of jobs than Washington, DC, which has seen a job loss of 0.6%, or 4,400. Simply put, Washington has done better in this recession than 48 of the fifty states when it comes to job performance."
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What a load of bullshit. While DC is considered to be "recession proof" due to the high number of government jobs here, for some reason, I still have a fairly high percentage of neighbors who are out of work, or simply no longer able to find anything but low-paying jobs.
What's more, like many cities, federal employment statistics seem to under-report the loss of work available to minorities, especially African Americans and Hispanics. No where is this more evident than in DC, where the loss of jobs at the lower end of the employment spectrum has been particularly acute.
To pile on, "DC" is more than the district. It is also suburban Maryland and Northern Virginia. These areas are heavily dependent on federal spending as well, but are also the locations for most of the private firms and non-profits in the area. Job loss in the region has been strongest in the suburbs.
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