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Friday, December 21, 2012

STATEMENT FROM GOVERNOR MARTIN O’MALLEY ON PRELIMINARY NOVEMBER JOBS REPORT

ANNAPOLIS, MD (December 21, 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 November:

"While November's preliminary jobs report is disappointing, on the year, there are several positive indicators that point in one direction: forward. Over the last 12 months, Maryland's businesses have created 22,200 jobs and because we've driven our unemployment rate down to 6.6 percent, over 25,400 more Marylanders are working today than at this time last year. With that said, better is not good enough; the most important job we create is the next job.

“This year, the U.S. Chamber of Commerce ranked Maryland #1 for Entrepreneurship and Innovation, and in the top five states for economic performance for the third year in a row. The States Project said we're #2 for economic opportunity. And, most recently, the Information Technology and Innovation Foundation ranked us among the five states best positioned to succeed in the New Economy. Together, we can continue to grow jobs, opportunity and prosperity in the year ahead.”

2 comments:

Anonymous said...

More political B. S.

Beezer said...

He did not accurately report the number. The BLS report shows that the labor force in Maryland - Nov. 2011 - 3,081,500
Nov. 2012 - 3,103,600

So in essense we have gained 22,100 new jobs - not the 22,200 jobs as stated in his report.

Bottom line - This is not good news at all as Maryland's population grew at a rate of .0095% - or - we gained 54,737 new people from Fiscal Year 2010 to Fiscal Year 2011.

We needed to generate at least 50,000 jobs or more than double this amount to keep up with high school and college graduates.

Check out the information yourself at the US Bureau of Labor Statistics:
http://www.bls.gov/news.release/pdf/laus.pdf

Please folks - double check out the information before you take these press releases for gospel.