Your money is flowing like a river through D.C.

"Most corners of the economy may be struggling, but in the nation's capital it's boom times, baby.

According to new data, the area's unemployment rate dropped to 5.6% in April from 5.9% in March. This is the second consecutive month of improvement for Washingtonians, and it's leagues from the national unemployment rate, which hit 9.4% in May.

With unemployment for all government workers about half the private sector's rate, the Beltway has been spared the tightening elsewhere. The federal government is the second largest job sector in the area, making up 11.6% of jobs, while state and local government workers add another 10.4%. According to a February survey by the Greater Washington Initiative, Washington area business executives were also "significantly more positive" about their own companies and the region's prospects than about the national economy. Translation: It's good to be close to Uncle Sam when stimulus funds start flying."

http://online.wsj.com/article/SB124458850503399823.html
#mod=djemEditorialPage