ANNAPOLIS, MD (August 20, 2010) – Governor Martin O’Malley issued this statement today following the announcement that, for the fifth straight month, Maryland experienced job growth. In July, Maryland employers added 500 jobs to their payrolls, with unemployment remaining steady at 7.1 percent. This marks the best performing January – July period in Maryland since 1999, as Maryland performs at triple the national job growth rate since January.
“Since January, Maryland employers have added more than 40,000 jobs to their payrolls. Our ability to sustain job growth, which is now triple the rate of the rest of the nation, is encouraging considering that national payrolls have declined over the past two months. Maryland’s unemployment rate remains about 25 percent below the national average, and our private sector has now added jobs for five consecutive months, proving that in these tough economic times, we continue to improve the conditions that allow businesses - large and small - to create and save jobs.”