ANNAPOLIS, MD (May 18, 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 April:
“This was a disappointing month of job creation in what remains the best quarter of private sector job growth since 1999, and our second best quarter since BLS started measuring in 1990. Maryland's businesses are in the midst of their best start of the year for new job creation in over a decade, creating 15,700 since January.
"Maryland has now recovered 74 percent of the jobs lost during the Bush recession (compared to 42 percent for the nation overall). On balance we have seen private sector job growth in eight of the last 12 months with an average monthly gain of 3,167 jobs. As our workforce continues to grow, our unemployment rate increased slightly to 6.7 percent, but stands nearly 20 percent below the national average."
"The most important job we create is the next one. With a steady reduction in new unemployment claims and steadily declining numbers of families needing temporary assistance, we're hopeful that the positive trends we've seen in job creation over the last 12 months will continue. But there is still more work to be done. Maryland continues to recover stronger than most states because of the choices we make together to create jobs and invest in innovation."