According to data released from the State of Maryland’s Department of Labor, Licensing and Regulation, 313,192 jobs were added during the Baker Administration. Over a 36-month period, an additional 15,070 jobs were added, the highest level of 3Q jobs reported in the County since 2007.
“Six years ago, I stated that Prince George’s County would become the economic engine of this region and state,” said Prince George’s County Executive Rushern L. Baker, III. “The reactions I generally received to that declaration was that I was being very optimistic and hopeful, or they were patronizing, assuming that I was naïve. But I knew that we had the location, the resources, and, most importantly, the residents and a business base to make this happen. We all needed to start rowing in the same direction, and we have.”
Over the past 12 month reporting period, Prince George’s County led the state in 3Q job growth. Adding 7,850 new job or 22 percent of the State’s total job growth. Three-six hundred jobs were added with the $1.4 MGM National Harbor resort project, allowing Prince George’s County to claim more than 18,000 new jobs. The jobs are a result of private sector partners and over $9 billion in projects under construction, recently built and pipeline economic development throughout the County. In 2010, the Prince George’s County unemployment rate was 7.8 percent, dropping to 3.9 percent as of current.
This is not to even mention the future Regional Medical Center in Largo and the potential for the new $2.5 billion FBI headquarters project. The Iverson Mall and Mall at Prince George’s are also perdicting multi-million dollar redevelopments.
Shopping Centers Today, a trade magazine, named County Executive Baker a top “Retail Friendly Public Official” in 2014.