Maryland Stages Strong Comeback from Recession: Diversified Industry
Maryland is recovering from j the recession at a faster rate than the nation as a whole, and for the first time in many years prosperity is showing in such chronic trouble spots as Hagerstown.</br></br>Unemployment dropped in the State in November to 4.5 per cent of the labor force, the lowest unemployment figure since the end of 1957. This compares to a national unemployment figure of 6-1 per cent.</br></br>Last February, Maryland S: unemployment figure was 6.5 j per cent, compared to a na-l tional average of 6.8 per cent.</br></br>The StateÛªs great diversification of industry'ÛÓ16 of the 21 major types of manufacturing in the United States are represented in Maryland to a significent degree. (13 employ a minimum of 5000 people; three employ a minimum of 1000 people.)</br></br>The three major events of 1961 on the economic front according to George W. Hub-ley, director of the Maryland Department of Economic Development, are establishment of new industries on the East-! ern Shore; the location of the