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Maryland's unemployment rate for July rises slightly to 7 percent

Maryland's unemployment rate for July rises slightly to 7 percent

For yet another month, Maryland's unemployment rate inched upward, reaching 7 percent in July, the U.S. Department of Labor reported Friday. Maryland, however, saw an increase in 800 jobs last month, the first gain since February. "The fact that the decline ended is certainly good news," said Gus Faucher, senior economist with PNC Bank in Pittsburgh. "You would want to see stronger gains and you would also want to see that they improve over the next few months before you say that the weakness we had in the spring is over." The state's unemployment has been inching upward. In June it rose to 6.9 percent, from 6.7 percent in May. Scott R. Jensen,...

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