Maryland employers turned in a third consecutive month of job growth with a large gain of 14,000 positions in October, the federal government said Tuesday — a much better trend after five months of losses.
The state's unemployment rate improved to 6.7 percent in October as a result of the expansion, down from 6.9 percent in September and 7.1 percent in August, the U.S. Department of Labor said.
James Bohnaker, an associate economist with Moody's Analytics, called the October jobs performance "a huge gain," one that comes on the heels of an also substantial 9,500-job increase in September. He expects a more normal level of growth — less than 5,000 jobs a month — for the rest of the year.
Cue the usual suspects to attempt a negative spin