Governor Moore creates Maryland Economic Council to strengthen state’s economy

ANNAPOLIS, MD—This week, Governor Wes Moore signed an executive order to promote Maryland’s economic future through the creation of the Maryland Economic Council. The council will be the command center for analysis and recommendations for the Moore-Miller Administration to effectively implement economic policies that achieve growth, diversify our workforce, and merge our state’s assets and growing industries. “For too long, […]

Gas prices remain unchanged as Memorial Day weekend looms

BALTIMORE, MD—As Americans gear up for the start of the summer driving season with Memorial Day weekend, the nation’s average price of gasoline is unchanged from a week ago at $3.51 per gallon, 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 price of diesel […]

Maryland gains 8,000 jobs in April, unemployment rate falls to new record low

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 gained 8,000 jobs in April, and the unemployment rate decreased to 2.5%. This is the third consecutive month of record-setting low unemployment for Maryland. The BLS began publishing unemployment estimates for Maryland in January 1976. […]

Maryland has 9th-highest job resignation rate in U.S., WalletHub study

BALTIMORE, MD—With Americans quitting their jobs at high rates during the so-called “Great Resignation,” even in the face of high inflation, WalletHub this week released its updated report on 2023’s States With the Highest Job Resignation Rates. WalletHub ranked the 50 states and the District of Columbia based on how frequently people are leaving their places of employment. Maryland came […]

Gas prices tick slightly higher

BALTIMORE, MD—For the first time in several weeks, the nation’s average price of gasoline has inched up, rising 0.4 cents from a week ago to $3.51 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 down 14.9 cents from a […]