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County’s Unemployment Rate Falls

The unemployment rate for Montgomery County fell to 5.1 percent in April, a decline of more than half a percent from the 5.7 percent rate posted in March. The number of unemployed County residents was 26,207 in April, a decrease of 2,900 from the prior month.

After peaking at 6.2 percent in January, the County’s unemployment rate has declined each month. The April unemployment rate is the lowest since the April 2009 rate of 4.8 percent, but remains roughly twice the 2.5 percent rate in April two years ago.

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CATEGORIES: Economy
POSTED AT: Monday, June 14, 2010 | 6:00:00 AM |
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Last edited: 11/8/2010