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Maryland Unemployment Rate Drops

October 22nd, 2012 by WCBC Radio

Maryland's unemployment rate fell last month. The rate dropped two tenths of a point in September to 6.9-percent. This is the first time since June that Maryland's unemployment rate fell below 7-percent. Figures released by the O'Malley Administration show the state added 9,800 jobs during the month. All but 200 of the jobs gained were private sector jobs, with the largest gain in business and professional services.  The jobs figures are released on the same week that the O'Malley Administration announced the state will cut its unemployment insurance tax rates in 2013. The governor believes that the cuts in the premiums paid by employers will lead to additional job growth.  Maryland was one of 41 states where the unemployment rate fell during September. The national unemployment rate for September was 7.8- percent. Maryland Labor Secretary Leonard Howie was asked if the improvements were seasonal…

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