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[quote=Anonymous]Great, the only metro area we're doing better than is Detroit.

[size=giant][b]Washington job market is lagging the rest of the country, economist says[/b][/size]

http://www.washingtonpost.com/business/capitalbusiness/washington-job-market-is-lagging-the-rest-of-the-country-economist-says/2014/08/21/fb72dda6-2944-11e4-86ca-6f03cbd15c1a_story.html

[quote]The Washington region continues to struggle as federal spending cuts and a lackluster job market take its toll on the local economy, according to the latest outlook from Stephen Fuller, an economist at George Mason University.

“This dependence [on federal spending], which served the economy so well historically is now an albatross,” Fuller said, during a presentation at Capital One’s McLean headquarters Thursday morning.

Although the Washington area weathered the recession much better than the rest of the country, Fuller says the region has been lagging the nation in recent years as the federal government continues to pull back on spending.

“Everybody is outperforming us except for Detroit,” Fuller said. “We’re at the bottom of the list.”[/quote][/quote]

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