Printer Friendly

U.S. Labor Department Spotlights Fairfax County as Private Sector Hub of Washington, D.C. Area.

Scholarly Article Notes Leadership in Technical and Professional Services

FAIRFAX COUNTY, Va. -- A new scholarly publication of the U.S. Department of Labor's Bureau of Labor Standards notes that "Fairfax County has emerged as the [Washington] metropolitan area's private-sector job leader, joining the [District of Columbia], with its concentration of public-sector employment, as a second major hub for regional economic activity."

"Industry dynamics in the Washington, DC area: has a second job core emerged?" is in the December 2006 issue of Monthly Labor Review, and analyzes employment data between 1990 and 2005. The article finds that Fairfax County is a leader especially in professional and business services employment. "The professional and business services industryOgrew rapidly during this time span, and Fairfax County added these jobs at an astonishing pace for one of the largest counties in the metropolitan area - 123 percent - establishing itself as a major job center alongside the District of Columbia."

The article concludes: "A strong case could be made that...Fairfax has created another core area of employment apart from the traditional central business district of the District of Columbia, but it has not replaced itOThese two jurisdictions are not independent of each other, but rather supportive of one another, providing alternative environments to foster and enhance business development throughout the metropolitan area."

The article can be found on the Bureau of Labor Statistics Web site at

"The article validates that Fairfax County is the economic engine of the Washington area and Virginia," said Gerald L. Gordon, Ph.D., president and CEO of the Fairfax County Economic Development Authority (FCEDA). "It also notes that the economy that has been created, and the high-quality, high-paying professional jobs it supports, boosts the quality of life in the county."

Business growth helps Fairfax County fund services such as a top-ranked public school system that improve the quality of life. Fairfax County offers diverse real estate opportunities, access to domestic and international markets through Washington Dulles International Airport, a business community based on technology and professional services, and a well-educated workforce.

The Fairfax County Economic Development Authority ( promotes Fairfax County as a business and technology center. The FCEDA maintains offices worldwide in Silicon Valley, Bangalore, Frankfurt, London, Seoul and Tel Aviv.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jan 29, 2007
Previous Article:Fitch Affirms Citizens' Ratings Following New Florida Insurance Law.
Next Article:Genesis Microchip Reports Third Quarter Fiscal 2007 Financial Results.

Related Articles
Tech Boom in the Beltway.
Fairfax County Companies Create 1,634 Jobs in Second Quarter of Year, FCEDA Says; Fairfax County Economy Spurring D.C. Area to Lead U.S. In Job...
U.S. Small Business Administration chief Hector Barreto will keynote 2003 Emerging Business Forum; Third Annual Conference for Diversely Led...
Fairfax County EDA Assists Companies That Create 7,800 Jobs in 2003 as Local Economy Outpaces National Recovery; 130 Tech and Services Firms Announce...
Fairfax County EDA Works with 51 Companies That Will Create 3,885 Jobs; Job Creation Fuels Hottest Regional Economy in the U.S.
National media spotlights Fairfax County job growth and prosperity.
Fairfax County, Virginia, to Host First National Conference on the Creative Economy.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters