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State jobless rate holds steady in October; 700 jobs added

November 19th, 2016 by WCBC Radio

Maryland's jobless rate held steady in October at 4.2 percent, unchanged from September but a significant drop from a year ago, the U.S. Labor Department said Friday. The state has added just 700 jobs since September, preliminary figures from the Bureau of Labor Statistics show. Employers in Maryland have added 66,600 jobs since January 2015. "A key to Maryland job growth is to provide businesses with the skilled workforce they need to compete in the regional and global economies," Kelly M. Schulz, Maryland's labor secretary, said in a statement. "A premiere workforce solution for Maryland's businesses and job seekers is apprenticeships," which she said now are available not only in plumbing, electrical and construction, but in cyber security, biotechnology, and healthcare. "This broader approach gives more Maryland employers the opportunity to create a pipeline of world-class talent in these in-demand fields," Schulz said.

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