Baltimore County Unemployment Rate Dips to 5.9 Percent
Lower Than Maryland and U.S. December Rates
Towson, Maryland (February 3, 2014) – Baltimore County's unemployment rate dipped to 5.9 percent in December, the first time the rate posted below six percent in five years. The County's unemployment rate is now lower than the Maryland (6.1 percent) and United States (6.7 percent) rates, according to the Maryland Department of Labor, Licensing and Regulation.
Resiliency and Strength
"The December unemployment rate signals Baltimore County's steady improvement in putting people back to work," said Baltimore County Executive Kevin Kamenetz. "When I came into office in December 2010 in the middle of a recession, the County's unemployment rate stood at eight percent. Four years later, a 5.9 percent rate shows the resiliency and strength of our County economy. While there are still too many people looking for work or under-employed, we are making steady progress."
"This positive employment trend is great news for the County's economic health," said Councilwoman Cathy Bevins, chair of the Baltimore County Council.
"Despite the 2012 closing of RG Steel, the County's largest private employer, our unemployment rate has fallen to 2008 levels," said Will Anderson, Director of Economic and Workforce Development. "This reflects the strength of our employers and the hard work of our County workforce teams helping people return to employment."