Maryland’s unemployment rate last month was 6.4 percent, up from 6.1 percent in July, but still below the 6.6 percent unemployment rate in August 2013.
Maryland added 600 jobs from the previous month. But the state's July job loss was worse than previously thought.
The Department of Labor, Licensing and Regulation previously announced Maryland lost 9,000 jobs in July, but that number was revised to 11,500.
The nation’s unemployment rate fell to 6.1 percent in August, but jobless rates rose in 24 states.
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3 comments:
The "unemployment rate" number is a misnomer, and has nothing to do with what percentage of a population is without work or underemployed.
In other words, it's a political lie.
The unemployment rate is based on the people actually collecting Unemployment Benefits at that time! It does not count people who have applied, and are waiting for a response, and it does not include people who were collecting benefits before that have no benefits left but who have no job! Where are the 600 jobs that Maryland created? Baltimore? That is the only area in Maryland that politicians are sooo concerned about! The rest of Maryland they don't give a sh*t about - until summer time then look out here they come!
Depending on where the jobs were actually added, there may not actually be a benefit the the economy / taxpayer....
Adding government jobs that cause other things to slow down only puts taxpayer money in some gimme-job-taker's pocket!
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