Maryland’s business leaders said they are cautiously optimistic about the numbers in the federal government’s latest jobs report-which comes about three-and-half months after Maryland and many other states began implementing restrictions aimed at preventing the spread of the coronavirus.
The report was released by the U.S. Department of Labor on Thursday morning. It said that in June 4.8 million jobs were added to the economy and that the unemployment rate dropped from 13.3 percent to 11.1 percent. Analysts had predicted that the report would show that about 3 million jobs were added. The economy grew by 2.5 million jobs in May, according to the department.
Maryland added 29,800 jobs in May and the state’s unemployment rate dropped from 10.1 percent to 9.9 percent, according to the Maryland Department of Labor. The state’s June jobs numbers will not be released until later this month.
“We are pleased to see these national indicators that suggest that the economy is moving in a positive direction,” Maryland Chamber of Commerce President and CEO Christine Ross told MarylandReporter.com in an email on Thursday.
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2 comments:
Well you morons haven't added in the kirwin plan taxes yet!!!! On top of the already existing taxes and fees that you will increase too!!! So don't worry govt you will be back on top of ruining the economy in Maryland soon enough!!!
Maryland's business leader's?? Who the HELL are they?? How many jobs have been created in Maryland?? Maryland doesn't have business leader's. They have crooked government officials acting as if they can run a business.
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