Many Still Seeking Maryland Jobs
Thursday, October 9th, 2008Many people are still looking for Maryland jobs.
In August, Maryland had an unemployment rate of 4.5 percent, up from 4.3 percent in July. Currently, more than 135,000 Maryland residents are looking for jobs they can’t find, 30 percent more than this time last year. This news comes despite the fact that Maryland employers are adding jobs. The state added 1,800 jobs during August, mostly from the private sector, according to an article by the Baltimore Sun.
Many industries are losing jobs as the housing market continues to plummet and credit crunch worsens. While Baltimore-based Constellation Energy Group recently had to sell itself, some businesses are continuing to thrive.
