Where's My Resume..
From the Sun:
Maryland's unemployment rate improved to an unusually low 3.6 percent as employers added 4,500 jobs last month, the federal government said today.Oh, but don't worry. Even though the economy seems to be doing well, there is always something to worry about, or some qualifier to the good news.
Despite the positive monthly numbers, which are preliminary and adjusted for seasonal variations, Maryland's job growth over the past year remains far below average. Employers created just 19,800 jobs since March 2006 -- about a third of the growth during the dot-com days of the late 1990s, according to federal numbers. Annual statistics are not seasonally adjusted.I also found the use of "unusually" rather odd and misleading. Perhaps someone with a background in economics could explain to me why it is, or why it is not. Full article here.
The speed of local job growth in the past 12 months was also about half as fast as the nation's.


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