The Maryland Department of Labor has released unemployment information for Anne Arundel County, MD, and it’s going in the wrong direction. Considering the employment market in Washington, DC, Baltimore and Annapolis, Anne Arundel County has generally performed well.
March 2009 has shown an increase from last year of almost 100%. Here are the recent stats:
- 2004 – 3.9%
- 2005 – 3.8%
- 2006 – 3.0%
- 2007 – 2.9%
- 2008 – 3.2%
- 2009 – 6.3%
Source: Maryland Department of Labor.
Unemployment has hit Anne Arundel County, and while we are still better than the national average, it will have an effect on the real estate market.
Correct pricing of your home for sale in Anne Arundel County is more important now than ever.
