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Thursday, January 14, 2010

Investigative Voice: Marylanders apply for unemployment benefits in record numbers

JOBLESS — Marylanders apply for unemployment benefits in record numbers

Wednesday, 13 January 2010 16:26

43.5 PERCENT SURGE OVER 2008 By Stephen Janis

Marylanders seeking unemployment benefits from the state applied in record numbers in December, state officials said this week.

Even as the national economy begins a faltering recovery, the number of Marylanders applying for unemployment benefits surged at the end of 2009 to more than 48,000 — the highest number since 1974 — according to Bernie Kohn, spokesman for the Maryland Department of Labor, Licensing and Regulation, the agency that administers the state’s unemployment insurance fund.

“We had more claims in the month of December than any month since 1974,” Kohn said.

The December surge caps a year (2009) when roughly 416,000 Marylanders applied for unemployment benefits, a 28 percent increase over the same period the previous year (2008) when roughly 290,000 state residents applied. The surge comes as the state prepares to tap $125 million in federal aid to keep the fund solvent through April.

The total 2009 increase in applications represents a 43.5 percent surge over figures for calendar year 2008.


Read the entire article here: JOBLESS — Marylanders apply for unemployment benefits in record numbers

http://investigativevoice.com/index.php?option=com_content&view=article&id=2151:jobless-marylanders-apply-for-unemployement-benefits-in-record-numbers&catid=25:the-project&Itemid=44

20100113 IV Jobless Mders apply for unemploy bens record Bus Econ Unemployment, Maryland Business, Maryland Unemployment, Media Investigative Voice

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