Maryland economy treads water in August
Maryland unemployment stayed at 7.2 percent for the fourth month in a row, according to a new report from the Labor Department. Another report shows that we shed 12,000 jobs from July to August, but that number is based on a limited sample and is subject to big revisions. The overall picture is that the economy didn't get any better and didn't get any worse for the month. Maryland is doing much better than most states. The national unemployment rate for August was 9.7 percent.
Here is the historical table of Maryland's unemployment rate, shown on the far right.
Here is the historical table of month-on-month job growth or loss, in thousands.
Comments
Maryland is doing much better than most states regardless of what is claimed to be the fault or responsibility of the current administration.
The officially published committee sanctioned but virtually meaningless national unemployment rate for August was 9.7 percent.
Posted by: MrRational | September 18, 2009 11:57 AM
But Jay, you just said a few posts ago that Maryland's economy seems to be recovering. Didn't you?
Posted by: jjjackson | September 21, 2009 11:34 PM