ANNAPOLIS, MD (January 24, 2012) – Governor Martin O’Malley today released the following statement on the U.S. Department of Labor’s release of preliminary employment data for the month of December. The report shows that Maryland’s unemployment rate improved 0.2 percentage points in December to 6.7 percent – 1.8 percentage points below the national rate. Maryland employers added 3,100 jobs in December, the fourth straight month of job growth. Last year, Maryland added 30,300 new jobs, the largest January-December job growth since 2005.
“In December, our State added jobs for the fourth consecutive month, capping our best year of job creation since 2005. Last year, Maryland created 30,300 new jobs, driving our unemployment rate down to its lowest level in nearly three years. More of our families are working because together, we have remained focused on jobs. In fact, our State has now recovered 45 percent of the jobs lost during the recession, compared to only 30 percent for the rest of the nation.
“To continue to create jobs, a modern economy requires modern investments. That’s why this session, our budget proposal and legislative agenda make job creation and its key ingredients—education, innovation and rebuilding our State’s infrastructure—our top priority. Together, we can expand opportunity today, so that our children can compete and win the jobs and opportunity of tomorrow.”
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What is this "during the recession"? From my observation we are still in recession and going deeper and prices are going higher. Businesses in the Salisbury area are still cutting hours worked and/or shifting benefits to employees and "furloughing" . I wonder how many of these "jobs" that were "created" were government jobs and how many were minimum wage. I suspect that the only creation here is creative accounting.
ReplyDeleteCan some one please help me understand. These two accounts of the Maryland Job situation are completely different. The bull shit has got to stop and the truth, good bad or indifferent has got to be told. All of the mistatement of facts just cause small business people like me to say no way am I taking a risk and hiring any new people.
ReplyDelete“Unfortunately the President said nothing new tonight,” said Rep. Andy Harris (MD-01). “Since the President can't run on his failed economic record, he just continues to play the blame game. This speech resurrects his old failed policies that gave us Solyndra, the Stimulus and Obamacare.”
“As yet another sign of his failed policies, it was announced today that Maryland lost 1,200 private sector jobs in the month of December. The economy is broken.”