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Maryland unemployment holds at 4 percent
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Unemployment statewide remained at 4 percent in June from the month before, but increased slightly from 3.6 percent in June 2007, according to data released Friday by the federal Department of Labor. The rate was up from 3.6 in April but matched May’s figure. A total of 121,700 people were unemployed, up from 119,900 in May.
Across the country, 24 states reported monthly increases in unemployment, with the national unemployment also holding at 5.5 percent. Michigan continued to report the highest unemployment at 8.5 percent. - Aaron Cahall
Starbucks to close 4 Baltimore locations
Coffee giant Starbucks Corp., which on July 1 said it would close 600 “underperforming” stores across the U.S., on Friday announced four Baltimore-area locations will soon close.
The locations shutting down include 301 S. Light St. inside the Gallery at Harborplace, 5911 York Road inside Belvedere Square, 1433 Reisterstown Road in Pikesville and Park Place in Annapolis.
The nationwide closings will result in as many as 12,000 job cuts, and a timetable for when the stores will close has not been released.
In all, 12 locations in Maryland will close, including locations in Bowie, College Park, Easton, Gaithersburg, Germantown, Glenn Dale, Waldorf and Wheaton. -- Andrew Cannarsa
