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Prince George's County Boasts Record Increases In Jobs and Housing Prices

EDC Pledges Continued Support for Businesses and Families

Economic Development Corporation President Jim Coleman was on hand this morning as County Executive Rushern L. Baker, III announced Prince George’s County’s first major increase in job numbers since 2003. Speaking in front of the County’s latest mixed use, residential site, the Tapestry at Largo Station, County Executive Baker, Assistant DCAO David Iannucci, EDC President Jim Coleman and Desiree Callender, President of the Prince George’s County Association of REALTORS all touted the collective successes Prince George’s County has seen since the beginning of the Baker Administration. With overall employment numbers experiencing a 1341% increase since the 4th quarter 2010, the unemployment rate decreasing by 25.3% decrease, and the residential real estate market showing a 48.8% increase in median sales price, the County is definitely experiencing the strongest improvement in recent history and is now seen as an attractive competitor in the region.

“County Executive Baker is doing an outstanding job with taking Prince George’s County to the next level,” said EDC President Jim Coleman. “The EDC is operating with a fierce sense of urgency to see that these key indicators continue to move in a positive direction. Our office stands committed to taking care of the needs of our existing businesses, attracting those businesses who are looking for more out of their current market, and ensuring all of our residents are gainfully employed in well paying, family sustaining jobs.”

For more information on available employment opportunities or job training in the County, contact Liz Williams (elwilliams1@pgcedc.com), Director of the EDC Workforce Development Services Division or Jeffery Swilley (jswilley@pgcedc.com) at 301-681-8400.