The Fed’s most recent economic report shows the U.S. economy continuing to expand, and that extends to the Washington DC economy. Only about 11% of the Washington region is employed by the Federal government. The popular perception is that the Washington DC job market is a government town. But just this year, professional and business services employers replaced government as the largest employing industry in the region.
Some analysts believe that the government’s influence on the DC region economy will only continue to decline, especially as the region continues to diversify into areas such as health care and education services. And that only means increased job market opportunities in the region.