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Washington, D.C., and fast action usually don’t go together. But economists say the city has navigated the downturn better than most states, and it will likely regain its lost jobs the quickest.
Credit the federal government, where employment has been resilient in the face of big private-sector losses.
Economists at IHS Global Insight predict the District’s employment level will return to its heady pre-recession levels next year.
They also point to Texas, where the energy industry has been relatively solid.
On the opposite end of the spectrum is Michigan, reeling from the auto industry’s collapse.
