Jobless rate down to 4.6% in October

December 17, 1992

Howard County's unemployment rate dropped from 5.2 percent to 4.6 percent from September to October, a decline that is a typical seasonal trend, said an administrator with the state Office of Labor Market Analysis and Information.

"That follows statewide trends and trends of past years," said Mary Jo Yeisley. Summer workers leave the work force in the fall, causing unemployment rates to drop, she said.

Howard's civilian labor force decreased 1 percent from 95,936 in September to 94,946 in October.

Howard's rate was the lowest in the Baltimore region, which averaged 7.3 percent unemployment, down from 7.6 percent in September.

The state rate dropped from 6.7 percent to 6.4 percent.

In 1990 and 1991, the county's and the state's unemployment rate increased from September to December, which is contrary to normal trends and indicated a poor economy, said Marco K. Merrick, Department of Economic and Employment Development spokesman.

Early signs are that the economy is healthier this year for Howard and Maryland, he said.

"Here we have the rate dropping in October, which it had not done in recent years," he said. "We're seeing a pattern that could be typical for a healthy economy."

Howard's unemployment rate was 4.2 percent in October 1991. It increased to 4.6 percent by December.

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