Unemployment Down. Nobody Get Too Excited.

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Maryland’s unemployment rate fell from a terrifying 6.9 percent in November to a faith-restoring 6.7 percent last month. Sure that’s an improvement (and to be fair, unemployment was as high as 7.4 percent a few months ago), but that two-tenths of a percent leap was won by local and state government agencies adding 4,600 jobs (while in other areas we lost some, leaving us with a 3,100 net job gain). Really, this minuscule and government-granted relief ought to underscore the bleakness of the situation.

It’s like the price of gas. It shoots up to four bucks a gallon and you’re miserable. Then it drops ten cents and you’re heart sings with joy. You just can’t focus on the fact that not too long ago it was $2.24. So everybody try to forget that state unemployment was in the threes just a few years ago.



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