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Friday, August 28, 2020

Maryland adds 53,900 jobs in July; unemployment drops to 7.6%: Labor report

Maryland added 53,900 jobs in July and the state’s unemployment rate dropped from 8% to 7.6%, according to preliminary data released by the U.S. Department of Labor’s Bureau of Labor Statistics on Friday morning.

The state added 68,300 jobs in June. The national unemployment rate is at 10.2%.

MarylandReporter.com asked the state’s business leaders to assess the jobs numbers.

“There is cause for concern on these numbers,” Howard County Chamber of Commerce President and CEO Leonardo McClarty said in an email on Friday.” It shows that many businesses are still continuing to struggle despite our economy starting to open. In some instances, the jobs we are seeing come back were previous furloughs or a reduction of hours. In some instances, we won’t see a real uptick in job growth until there is consumer confidence that they will not get sick if they attend a public gathering.”

McClarty added: “While it is hard to say, there is concern that some jobs may not return. Until there is a vaccine and the economy is fully stabilized, many businesses may choose to operate in a scaled down manner so as to conserve cash.”

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6 comments:

Anonymous said...

It is always Worse than the govt reports !!! Many more are Unemployed

& need STIMULUS $$$$ Retroactive to when it Stopped 2020 !!!

Taking Tooooo Loooong as usual !!! NO EXCUSES !!!

Annoy said...

Governor Hogan lies. . Tvis is not true at all. Anyone with any common sense will see right through tbis. People are still trying to get through on the phone lines to file claims from March and April. Rightfully, they are reaching out to Legislators to rally on their behalf. The system is an abomination. Dayna Freeman is just as bad as the system. They are playing with peoples lives.
I wonder if the couple who recently jumped from the Bay Bridge were affected? Domestic violence and child abuse are at all time highs not on in Maryland but nationwide.
Dont believe a word that comes out of Hogans mouth or anyone affiliated with his cabinet.

Annoy said...

Lies!!!!! How dare they refuse to backdate someones claim who worked until COVID-19 happened because they assumed they waited.NO!!! They didn't wait they just could not get through on the phone. So wrong!!

Anonymous said...

Why doesn't Hogan get off his power trip and open your State - get back to work!

Annoy said...

Where are these jobs? Schools are not opening. . . So that leaves everyone from custodians to teachers and some office staff working modified or reduced hours . .

Annoy said...

He doesn't want to and is not being forced to.