Maryland’s Jobless Rate Drops In October

Tuesday, November 22, 2011 – Steve Fermier
 
Maryland’s unemployment rate improved slightly in October.

The state Department of Labor, Licensing, and Regulation said the figure fell to 7.2 percent last month.

It had been at 7.4 the month before.

The figure includes an addition of 31-hundred jobs in October, mostly in the private sector.

Maryland continues to show a jobless rate that is well below the national unemployment rate of 9 percent even.

“Maryland continues to make progress toward recovery. During October, 13,000 additional Marylanders started working, our unemployment rate improved 0.2 percentage points and our employers added 3,100 jobs,” said Maryland Labor Secretary Alexander M. Sanchez. “This month’s report supports the evidence that Maryland is an economic leader and among the best states to do business. Still, we must protect our investments in skills training and maintain our status as one of the best positioned states to recover quickly and sustainably.”

 
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