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Tag Archives: jobs

No downturn imminent, economists tell Md. bankers

Anirban Basu, chairman and chief executive officer of Sage Policy Group. (The Daily Record/Maximilian Franz)

Despite increased volatility from the stock market during the past month, economic growth should be expected to continue following a strong 2018, financial leaders and economists said at the Maryland Bankers Association 12th Annual “First Friday” Economic Outlook Forum. While ...

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US adds robust 250,000 jobs; pay growth fastest since 2009

Loredana Gonzalez, of Doral, Florida., fills out a job application at a JobNewsUSA job fair in Miami Lakes in January. (AP Photo/Lynne Sladky, File)

The final major economic report before Tuesday’s congressional elections showed that U.S. employers added a stellar 250,000 jobs in October and raised average pay by the most in nearly a decade. At the same time, the unemployment rate remained at ...

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Maryland jobless rate remains at 4.2 percent in September

Unemployment benefits

Maryland’s unemployment rate remained at 4.2 percent for September, federal officials announced Friday. The U.S. unemployment rate for September, which was reported earlier this month, is 3.7 percent. The Bureau of Labor Statistics released preliminary data Friday that showed Maryland ...

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Job growth is found to be no cure for a community’s poverty

In this Tuesday, Oct. 17, 2018 photo, a man walks past vacant storefronts at the Old Town Mall in Baltimore. Job growth was supposed to be a cure-all to stop the wealth gap from worsening, but new research suggests that impoverished Americans are getting left out even when their communities enjoy hiring booms. (AP Photo/Patrick Semansky)

A healthy dose of job growth has long been seen as a likely cure for poverty. But new research suggests that poor Americans are frequently left behind even when their cities or communities benefit from hiring booms. When such cities ...

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