Maryland jobs and the housing effect
I have a story today on Maryland's employment picture, which is not as rosy as it once was thanks to national economic uncertainty caused by the housing troubles.
The state's jobless rate was 4 percent in October, up from 3.9 percent a month earlier and 3.7 percent the month before that, the federal government said yesterday. ...Employers added 28,600 jobs in the past 12 months, according to preliminary estimates - a slowdown since the summer, when year-over-year gains topped 30,000.
The numbers show no massive job losses in sectors most connected with housing, but there's clearly been an impact. When I feel up to it -- I'm fading fast here -- I'll put up a chart showing how construction job growth has changed in recent years.
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