Washington D.C.’s economic growth after the national recession is below average, according to a Stateline analysis reported from The Pew Charitable Trusts.
Washington’s metro area has seen an 8.08 percent increase in job growth, the equivalent of 236,700 jobs, since the area hit its lowest point in the recession in February 2010. This is comparable to the New York metropolitan area, which has experienced an increase of 8.56 percent in job growth during the same time period, according to the data.
Both of these increases are below the national average for metropolitan areas, which sits at 11 percent. The most improved of the 50 metropolitan areas analyzed by Stateline are San Jose, California and Austin, Texas, which have seen employment growth rates of nearly 24 and 23 percent, respectively.
The area with the slowest growth is near St. Louis, with a 3.3 percent increase.
Stateline calculated job growth by determining the lowest employment level for each of the top 50 metropolitan areas in the United States since January 2008, near the beginning of the Great Recession, and calculating job growth until April 2015, the latest employment data available.