Economy Archives - Page 36 of 39

Governor Hogan announces $50.5 million for school construction, economic development projects

Posted on January 8, 2021 by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan on Friday announced $50.5 million for critical capital projects in the State of Maryland, including school construction and economic development projects across the state. “These shovel-ready projects will help create jobs and lay the foundation for the strongest possible recovery,” said Governor Hogan. “In the coming days, we will be proposing a larger economic and stimulus […]

Maryland adds 24,100 jobs in November, unemployment rate falls to 6.8%

Posted on December 18, 2020 by Chris Montcalmo

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 added 24,100 jobs and the unemployment rate decreased to 6.8% in November—the lowest level since the beginning of the COVID-19 pandemic. In its current recovery, Maryland has regained a total of 245,700 jobs, with 254,800 […]

Maryland adds 10,200 jobs in October

Posted on November 20, 2020 by Chris Montcalmo

BALTIMORE, MD—The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) on Friday released state jobs and unemployment data. According to the preliminary survey data, Maryland added 10,200 jobs and the unemployment rate increased to 7.8% in October. In the last six months, Maryland has gained a total of 206,300 jobs, with 220,900 jobs gained in the private sector. The […]

Governor Hogan announces $70 Million in new investments, relief amid COVID-19 pandemic

Posted on November 12, 2020 by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan on Thursday announced the commitment of $70 million in new investments for initiatives to protect the health, safety, and well-being of Marylanders during the COVID-19 pandemic. “The $70 million of new investments I’m announcing today will help us to protect the health and safety of even more Marylanders,” said Governor Hogan. “Unfortunately, we have more tough […]

Maryland adds 18,200 jobs in September

Posted on October 20, 2020 by Chris Montcalmo

BALTIMORE, MD—The U.S. Department of Labor’s Bureau of Labor Statistics on Tuesday released state jobs and unemployment data. According to the preliminary survey data, Maryland added 18,200 jobs and the unemployment rate increased to 7.2% in September. In the last five months, Maryland has gained a total of 194,900 jobs, with 201,300 jobs gained in the private sector. While private […]

Maryland adds 24,200 jobs in August, unemployment rate falls to 6.9%

Posted on September 18, 2020 by Chris Montcalmo

BALTIMORE, MD—The U.S. Department of Labor’s Bureau of Labor Statistics released state jobs and unemployment data on Friday. According to the preliminary survey data, Maryland added 24,200 jobs and the unemployment rate decreased to 6.9% in August. In the last four months, Maryland has gained 183,200 jobs. The Leisure and Hospitality sector experienced the most growth with an increase of […]

Maryland’s COVID-19 Layoff Aversion Fund saves nearly 9,000 small business jobs

Posted on August 31, 2020 by Chris Montcalmo

BALTIMORE, MD—Governor Larry Hogan on Monday announced that more than $10 million has been awarded to 445 small businesses through the Maryland Department of Labor’s COVID-19 Layoff Aversion Fund, saving more than 8,800 jobs. One of several relief programs introduced by the governor in March, the COVID-19 Layoff Aversion Fund quickly provided crucial financial assistance to Maryland’s small businesses and […]

Maryland Lottery, casinos contribute $1.11 billion to State

Posted on August 25, 2020 by Chris Montcalmo

BALTIMORE, MD—The Maryland Lottery and the state’s six casinos combined to contribute $1.113 billion to Maryland’s good causes in Fiscal Year 2020, with Lottery profits falling just shy of last year’s record-setting figure in spite of the COVID-19 pandemic. Together, the Lottery and casinos support a wide variety of state programs and services. In March, during the first few weeks […]

Tag: Economy