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Tag Archives: labor market

Productivity rises as employers cut back on hiring

WASHINGTON — U.S. companies got more output from their workers this spring than initially thought. Productivity rose at a modest 2.2 percent annual rate in the April-June quarter, largely because employers cut back sharply on hiring. Most economists expect productivity ...

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Md. adds 800 jobs in July, but unemployment rate ticks up to 7%

Maryland’s unemployment rate has ticked up half a percentage point since a January low, despite the state adding jobs for the first time in six months and the downward revision of a grim June jobs report.

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U.S. consumers more confident in the economy in July

NEW YORK — Americans breathed a bit easier about the economy in July, as a better outlook on short-term hiring and lower gas prices offset lingering worries about poor income growth. The Conference Board said Tuesday that its Consumer Confidence ...

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Private survey shows U.S. hiring slowed last month

WASHINGTON — A private survey shows U.S. businesses sharply reduced hiring in April, a cautionary sign two days before the government reports on monthly job growth. Payroll provider ADP said Wednesday that businesses added just 119,000 jobs last month, far ...

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Unemployment up to 7% as Maryland’s labor market remains unsettled

Maryland’s labor market continued to flounder in June as the unemployment rate rose to 7 percent and the state posted the worst rate of job growth in the country in the last year. The state lost 300 jobs in June ...

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Economy adds 244k jobs in April, unemployment rate ticks up to 9 percent

WASHINGTON — Employers added more than 200,000 jobs in April for the third straight month, the biggest hiring spree in five years. The Labor Department reported Friday that the economy added 244,000 jobs last month. Private employers shrugged off high ...

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