Need a job? Head to Washington, D.C.

washington_dc.ju.top.jpgJob postings in the Washington, D.C., area are up 6% from last year. By Jessica Dickler, CNNMoney.com staff writer


NEW YORK (CNNMoney.com) -- Looking for a job? You might want to head to the nation's capital city.

Employment in the District of Columbia is up 3% this year, outpacing every other state in the nation. Last month alone, D.C. posted a gain of 17,800 jobs, up 2.5% from July -- the country's biggest gain.

"The stability that D.C. has shown throughout this recession is building confidence with businesses around here," said Lawrence Mishel, president of the Economic Policy Institute, a D.C.-based think tank that currently has one job opening.

Job postings in the D.C. area are up 6% from a year ago, according to the Monster Employment Index, which tracks data from job boards, government sites and individual corporations.

And the ratio of unemployed people per job posting is one-to-one -- better pavement-pounding odds than any other city.

Software engineers and project managers are the most in demand, thanks to several large Virginia-based companies, including General Dynamics (more than 100 open positions), ManTech International (36 jobs available) and SAIC (more than 200 jobs).

Plus, many of these full-time positions in D.C. pay more than $40,000 a year, according to a search on Indeed.com.

Economists, however, agree that D.C. -- and the nation -- are not out of the woods.

Nationwide, unemployment is still at 9.6%, and more than 20 million people are searching for work. Last month, the economy lost a total of 54,000 jobs, most of which came from the public sector.

And things are slightly worse in D.C. The town's unemployment rate is at 9.8%, and the federal government -- the area's largest employer -- has been shedding jobs for three consecutive months.

"It's good to see improvement but we always need to be wary," cautioned Heather Boushey, senior economist at the Center for American Progress, a D.C.-based organization with more than two dozen job openings. "I wouldn't say that the great recession has ended for those in the District." To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 17,279.74 13.75 0.08%
Nasdaq 4,579.79 -13.64 -0.30%
S&P 500 2,010.40 -0.96 -0.05%
Treasuries 2.59 -0.04 -1.60%
Data as of 4:10pm ET
Company Price Change % Change
Yahoo! Inc 40.93 -1.16 -2.74%
Microsoft Corp 47.52 0.84 1.80%
Bank of America Corp... 16.95 -0.09 -0.53%
Oracle Corp 39.80 -1.75 -4.21%
Facebook Inc 77.91 0.91 1.18%
Data as of Sep 19

Sections

7,000 Ravens fans traded Ray Rice jerseys for one with another player's name. The team gave vouchers after it ran out of replacement jerseys. More

The Bill and Melinda Gates Foundation has given more money than many western nations. More

As Occupy Wall Street goes on its debt-abolishing tear, thousands of people across the country are begging them to forgive their loans. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.