Poll: Is the Local Economy Improving?
Patch wants to know how our readers are feeling about the local economy.
There have been some signs that the local economy is starting to improve.
The Mt. Vernon Mill mixed use develoment is underway, while the long dormant redevelopment at the Rotunda has recently showed new life and a new apartment complex is being proposed for the 3400 block of Roland Avenue.
But the unemployment rate for Baltimore City has so far averaged 10.2 percent for the year, according to the Maryland Department of Labor, Licensing and Regulation. That's compared to 10.5 percent for 2011, 11.9 percent in 2010 and 10.8 in 2009. In 2008, the year the economy collapsed, the unemployment rate for the city was 6.6 percent.