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Saturday, 22 December 2012 - Americans answer D.C.'s siren song of employment, strong economy |
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      Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Investing Simplified Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB Dividends World World Home U.S. Brazil China Euro Zone Japan Africa Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. 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See the best of Reuters photography.  See more | Photo caption  A Klingon Christmas Charles Dickens' classic tale is being adapted and translated into Klingon.  Slideshow  Land of the Maya Mayan culture thrived between A.D. 250 and 800.  Slideshow  Sponsored Links Americans answer D.C.'s siren song of employment, strong economy Tweet Share this Email Print Related News Special Report: The Unequal State of America: How Uncle Sam widens the income divide Tue, Dec 18 2012 Analysis & Opinion Examine inequality’s causes before prescribing solutions Obama should treat gun control like LBJ did civil rights Related Topics Entertainment » Fashion » Music » Investing Simplified » Miss Universe Highlights from the Miss Universe pageant in Las Vegas.   Slideshow  By Lisa Lambert WASHINGTON | Fri Dec 21, 2012 4:26pm EST WASHINGTON (Reuters) - Thirteen years ago the band The Magnetic Fields crooned that the U.S. capital city is "the greatest place to be," in the indie love song "Washington, D.C." Recently, a growing number of Americans are singing along as they move to the District in search of jobs, economic opportunity and cultural attractions. In a study on migration provided exclusively to Reuters that is set to be released next month, United Van Lines found the District of Columbia tops all 50 states for the number of people moving in during 2012. The city has held that spot for five years running, with 64 percent of the household moves in Washington coming from outside the city in 2012. United Van Lines is the largest moving company in the country for households. Oregon ranked second, followed by Nevada, North Carolina and South Carolina. Washington is a city that does not belong to a state, but is subject to loose control from the federal government. "Washington, D.C., is unique because over the last five years its unemployment rate was not hit as hard by the Great Recession," said Michael Stoll, chair and professor of public policy at the University of California at Los Angeles about the study. "But I think the other thing is that the city has remade itself from the one we knew 10 to 15 years ago." Washington has shed its reputation as the crime capital of the country, and it has developed a high technology corridor and other businesses that are both stable and hiring, said Stoll. Also, many members of the Baby Boom generation are moving in as they retire, taking advantage of the free museums, monuments and cultural events the city has to offer, he said. The rising popularity could yield a result also unthinkable less than two decades ago. "D.C. will not just be a place of tourism. It will be a major economic engine, which many of us haven't thought of it as being before," Stoll said. A U.S. Census report released on Thursday also showed the city is gaining new residents. Washington's population increased 2.15 percent between July 2011 and July 2012, a rise second only to North Dakota. The District's population increase of 5.1 percent from 2010 to 2012 was the biggest in the country, the Census found. It had had 632,323 residents as of July 1. The city has a large international community, largely due to the presence of foreign embassies and organizations such as the World Bank. The Census found people from other countries made up 32 percent of the net migration from 2011 to 2012. According to a Labor Department report released on Friday, the District's unemployment rate fell in November to 8.1 percent from 10.1 percent the year before. Local political leaders point to a development boom and one of the highest median incomes in the country - $63,124 - as other draws to the city. On a national level, Stoll said, the migration patterns show Americans are seeking economic opportunity in places where new manufacturing and technology enterprises are building up. The patterns reveal a swelling group of aging people who are retiring and looking for affordable and comfortable places to live, as well. He added that many people who wanted to move to California, but were put off by the state's economic woes, turned their moving vans north to Oregon. New Jersey topped states for outward moves, in 2012, the United Van Lines study showed, largely due to a shrinking factory sector. It was followed by Illinois, West Virginia, Michigan and New York. Washington's popularity surge recently created a paradox in the city's economic success story. Last month, the Brookings Institution concluded three U.S. metropolitan areas are in economic recovery, but did not include Washington because its population burst drove down its gross domestic product on a per capita basis. (Reporting By Lisa Lambert; Editing by Leslie Adler) Entertainment Fashion Music Investing Simplified Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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