BALTIMORE, MD—Maryland added 3,400 total jobs in February 2025, according to new estimates released today by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS). Maryland’s private sector added 4,600 jobs in February while public sector employment fell by an estimated 1,200 jobs. The change in public sector employment was driven by a loss of 700 federal government jobs. […]
BALTIMORE, MD—Between January 2023 and January 2025, Maryland added 88,300 total jobs, according to new estimates released this week by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS). Over the past two years, total employment in Maryland grew by 3.2 percent, above the 2.8 percent growth rate for the United States. Data released by BLS does not include […]
ANNAPOLIS, MD—Governor Wes Moore on Monday released a supplemental budget proposal for fiscal year 2026, outlining adjustments to the previously proposed budget. The supplemental budget focuses on providing additional funding for critical programs, implementing cost-saving measures, and aligning with evolving economic conditions. One of the most significant changes is a nearly $300 million increase in funding for the Developmental Disabilities […]
BALTIMORE, MD—A new report from Maryland’s Joint Enforcement Task Force on Workplace Fraud (JETF) reveals a significant problem of worker misclassification in the state, costing thousands of workers crucial workplace protections and millions in tax revenue. In 2024, Task Force agencies identified over 5,500 misclassified workers through their enforcement actions. This misclassification resulted in over $36 million in unreported taxable […]
BALTIMORE, MD—Maryland gained 38,400 jobs in 2024, experiencing a 1.4 percent employment growth rate, according to preliminary year-end estimates released by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS). The private sector accounted for 27,300 of the new jobs. The state added 200 jobs in December, maintaining a labor force participation rate of 65.6 percent, significantly higher than […]
BALTIMORE, MD—Block, Inc., the parent company of popular mobile payment service Cash App, has agreed to pay $80 million to settle with 48 state financial regulatory agencies, including Maryland, for violations of Bank Secrecy Act (BSA) and anti-money laundering (AML) laws. The settlement, announced by the Maryland Department of Labor’s Office of Financial Regulation, addresses deficiencies in Block’sBSA/AML program that […]
BALTIMORE, MD—The Maryland Department of Labor this week announced $1 million in grant funding for frontline healthcare workers. The funding aims to recruit, retain, and develop the careers of these essential professionals. Applications are open now for the Direct Care Workforce Innovation Program and the Career Pathways for Healthcare Workers Program, with proposals due April 4, 2025. Grants will be […]
ANNAPOLIS, MD—Maryland Governor Wes Moore has released the Moore-Miller administration’s $67.3 billion budget proposal for fiscal year 2026. The plan focuses on four key areas: growing the economy, strengthening Maryland’s workforce, modernizing government, and fixing the state’s tax system. The proposal accomplishes these goals without raising sales or property taxes, while increasing taxes and fees elsewhere. “We are guided by […]