Maryland gains 4,800 jobs in March, unemployment rate falls

BALTIMORE, MD—The U.S. Department of Labor’s Bureau of Labor Statistics released state jobs and unemployment data this week. According to the preliminary survey data, Maryland gained 4,800 jobs in March, and the unemployment rate decreased to 2.7%. This is the second consecutive month of record-setting low unemployment for Maryland. The BLS began publishing unemployment estimates for Maryland in January 1976. […]

Gas prices reach highest levels since November, price increases continue for most states

BALTIMORE, MD—For the third straight week, the nation’s average price of gasoline has increased, climbing 7.6 cents from a week ago to $3.65 per gallon this week according to GasBuddy data compiled from more than 11 million individual price reports covering over 150,000 gas stations across the country. The national average is up 22.1 cents from a month ago but […]

Gas prices inch up as oil tries to hold $80

BALTIMORE, MD—For the second straight week, the nation’s average price of gasoline has climbed, rising 8.8 cents from a week ago to $3.57 per gallon this week according to GasBuddy data compiled from more than 11 million individual price reports covering over 150,000 gas stations across the country. The national average is up 13.0 cents from a month ago but […]

Gas prices rise on surprise OPEC announcement

WASHINGTON, D.C.—OPEC’s announcement last weekend that it will cut production by over a million barrels per day starting in a month took the oil market by surprise. In response, crude immediately surged well above $80 a barrel, although it has since struggled to stay above that mark. Meanwhile, the national average for a gallon of regular gasoline rose seven cents […]

February jobs report released, Maryland continues to see historic lows in unemployment rate

BALTIMORE, MD—The U.S. Department of Labor’s Bureau of Labor Statistics on Friday released state jobs and unemployment data. According to the preliminary survey data, Maryland decreased by 3,900 jobs in February, and the unemployment rate decreased to 2.9%. This is the lowest unemployment rate on record for Maryland since the BLS began publishing estimates for Maryland in January 1976. “We […]