For all the brinksmanship over the federal budget, it was easy to miss the fact that 2012 wasn’t such a bad year for local business. Here are some of the deals, splits, scandals and other stories that were buzzy or influential in the Washington business community.
Employment improves, but ... Unemployment in the Washington area continued to improve slowly. The region’s jobless rate fell from 5.5 percent in January to 5.3 percent in October, the most recent month for which rates are available. The local economy added 34,300 jobs between November 2011 and November 2012. The sector with the strongest performance this year was education and health services. The jobs picture was not as encouraging in the government and professional services sectors, which together form the bedrock of the regional economy. Here, job-seekers stand in line to sign in at a job fair for the military. Bill O'Leary/The Washington Post Buy Photo