D.C. awash in your cash

06-11-2009 • Wall Street Journal

At least there's one place in America that's wearing like Teflon through the recession: Washington, D.C. Most corners of the economy may be struggling, but in the nation's capital it's boom times, baby.

According to new data, the area's unemployment rate dropped to 5.6% in April from 5.9% in March. This is the second consecutive month of improvement for Washingtonians, and it's leagues from the national unemployment rate, which hit 9.4% in May.

 

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