America’s employers added a stunning 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation.
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Maryland’s unemployment rate dropped to 4% in December 2022, according to preliminary data released Tuesday.
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Maryland’s workforce training programs face a potential influx of enrollees as the economic pendulum swings from high unemployment to low unemployment.
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Maryland gained 1,400 jobs in November and the unemployment rate decreased, according to preliminary survey data.
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America’s employers kept hiring vigorously in October, a sign that the economy remains a picture of solid job growth and painful inflation.
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Maryland's unemployment rate fell from 4.3% to 4% last month as the state, buoyed by hiring in the hospitality sector, added 5,300 jobs.
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Maryland added 12,000 jobs in July and the unemployment rate decreased to 3.9%, according to preliminary survey data released Friday.
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The number of Americans applying for unemployment benefits last week rose to the highest level in more than eight months.
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The number of Americans applying for unemployment benefits last week hit its highest level in nearly 8 months, but the total number of those collecting benefits fell.
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More Americans applied for unemployment benefits last week, and it was the fifth consecutive week that claims topped the 230,000 mark and the most in almost six months.
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