Maryland Unemployment Rate Lowest in Three Years

According to data released by the U.S. Department of Labor Bureau of Labor Statistics, Maryland’s unemployment rate improved to 6.5 percent, the lowest rate since January 2009.
During 2011, Maryland added 39,800 jobs, 32,600 of which are in the private sector, for the largest over-the-year job increase for the month since January 2005-2006.

“This report is evidence of a strong 2011 and a sign that our investments in workforce training and education are continuing to pay off,” said Maryland Labor Secretary Alexander M. Sanchez. “Since the start of 2011, 33,897 more Marylanders are working and 24,630 fewer of our neighbors are unemployed. These numbers reflect Governor O’Malley’s investments in protecting our workforce and positioning our state to compete effectively in the New Economy.”

Secretary Sanchez will brief the media on the January 2012 jobs report during a conference call at noon today (call-in: 800-619-4425; passcode: 7016775).

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