Aug 3, 2009
– Unemployment rate 7.3%, up from 4% one year ago.
– Not since 1983 has the rate been so high.
– In June, 88,000 more Marylanders were out of work and actively looking for a job than a year ago.
– Most of the economy is affected: construction, transportation, utilities, manufacturing, finance, and state, county and city governments.
When politicians and the news media talk about the beginning of an economic recovery, they sure aren’t talking about our economic recovery!