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Monday, March 16, 2009

Gov. O'Malley to the rescue

Maryland jobs hunters won't have much to worry about, if construction is their forte. The state's employment, like numerous other states, has been in trouble over several months.

39,000 job have been lost over the year from January 2008 to January 2009.
The unemployment rate has increased to a record high, since 1993, of 6.2% .

Governor Martin O'Malley realizes that his state needs some help. His hope was that the Recovery and Reinvestment Act could turn the situation around. Once the Act was signed, O'Malley put plans in motion. According to a press release on March 4th, the governor announced the first construction prject to be funded by the ARRA.

"Moving quickly to preserve jobs in Maryland by investing in its infrastructure, Governor Martin O’Malley today announced construction will start this week on a $2.1 million road resurfacing and improvement project along New Hampshire Avenue in Montgomery County. The New Hampshire Avenue project is the first project in the nation approved by the Federal Highway Administration under The American Recovery and Reinvestment Act".

Other projects to be established are meant to to improve roads, bridges, and other transportation means, in which 17,500 jobs are estimated to result.

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