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St. Mary's Unemployment Rate Examined
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St. Mary's Unemployment Rate Examined
ST. MARY' S COUNTY - 2/4/2009
By Bob Schaller
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Last month I wrote about taking care of business, especially now. We were reminded again Sunday night of Yogi Berra's wisdom, "It ain't over 'till it's over" and from young Steelers' coach Mike Tomlin's execution that football is a 60-minute game. Making the best out of every situation is what it's all about. At the local level, St. Mary's County's 4.3% rate is up 1.5% from a year ago, and the highest monthly rate in the last 6 years. There is a reported total of 2,215 in the county's unemployed ranks, an increase of about 800 from a year ago. We learned last week from the local Department of Social Services that the number of clients seeking employment assistance has grown 540% in the past year. The number of applicants exceeded 1,000, up significantly from an average number of less than 200. We also learned that many of these new applicants are experienced and educated career professionals who are seeking assistance for the first time. On the other side, the number of available jobs has practically dried up. So the challenges facing us continue to get tougher. But everything is relative. Did you know that St. Mary's County's December '08 unemployment rate is the lowest in the region? Calvert was at 4.5%, Charles at 4.7%, Anne Arundel at 4.8%, and Prince Georges at 5.6%. In fact, only one other county in the State was lower than St. Mary's: Howard County at 3.8%. |
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