ANNAPOLIS, MD – Governor Martin O’Malley today issued the following statement on the U.S. Department of Labor’s release of preliminary employment data for the month of February:
“Together, we set a goal in Maryland to recover every single job we’ve lost during the Bush recession by the end of 2014, and today we are closer than ever before to reaching that goal – we have now recovered nearly 95 percent of those jobs.
“Last month, the people of our State created 10,500 jobs, our best February for job creation in more than a decade. Over the last 12 months, we have now created 38,200 new jobs with our private sector leading the way – creating 95 percent of those new jobs. Today, our unemployment rate has been driven down to its lowest level in four years – 6.6 percent – 14 percent below the national rate.
“This preliminary report marks one more positive milestone in our jobs recovery, but there are still too many Marylanders out of work. That’s why together, we must make the better choices to invest in a stronger future: more job creation, more opportunity, and a stronger, growing middle class.”