Economy 2050

Current statistics and trends related to jobs, employment and population are being considered in developing the recommendations for Thrive Montgomery 2050. Here is what we know:

  • Larger workforce working longer: Montgomery County had nearly 600,000 residents in the labor force in 2016, 31 percent more than in 1990. The labor force includes all residents who work, regardless of the location of their jobs. The working age population (people between ages 16 and 65) grew by 29 percent the same period, suggesting more people could be staying in the labor force past age 65.
  • Healthcare and high-tech jobs: Two industries—education, health and social services; and professional, scientific and management services—employed the largest number of residents in both 1990 and 2016.
  • Working at home: In 2016, 62 percent of residents also worked in the county in 2016. This rate has increased slightly since 1990 when the figure was 58 percent. While the majority of residents still travel to and from work in a personal vehicle, the percentage of driving commuters declined slightly from 68 percent in 1990 to 65 percent in 2016.
  • Employment is still growing: employment growth since 1990 has been in either higher wage (professional/technical) or lower wage jobs (health/social assistance services), with little occurring in the middle range.

Tell us what you think and let us know what concerns and hopes you have for this important issue.

  • Please provide the zip code for where you live.
Last Updated: August 28, 2019