Tuesday, January 24, 2012
WBAL’s Steve Fermier reports that Maryland’s unemployment rate fell in December.
Maryland’s jobless rate declined in December to to 6.7 percent.
That figure is the lowest in about 3 years according to state officials.
The state added a net of more than 3,000 jobs.
About 1,200 private sector jobs were lost.
December was the fourth month in a row of job growth. The area with the largest number of new jobs was state and local government which added 4,600 jobs in all.
The latest national jobless rate figure stood at 8.5 percent.
Some of the biggest losses during December were in professional and business services, construction, and manufacturing. Among the gainers were state and local governments, educational and health care services.
“December was another positive month in Maryland’s recovery and a signal that the investments we have protected in skills development and education are helping put more Marylanders back to work,” said Maryland Labor Secretary Alexander M. Sanchez. “Our unemployment rate fell to the lowest level in nearly three years, 8,100 additional Marylanders were working in December and 5,000 fewer neighbors were unemployed. While we added 3,100 jobs, we must remain focused to accelerate our job growth and recover the jobs that were lost during the national economic recession.”