Macy’s to furlough most of 125,000 employees

WHITE MARSH, MD—Macy’s plans to furlough the majority of its workforce as the coronavirus pandemic continues to take its toll on companies across the country. The company announced the move in a statement on Monday morning. All Macy’s stores have been closed since March 18 due to COVID-19.  Since that time, the company has taken measures to maintain financial flexibility, […]

Md. Department of Labor receives ‘unprecedented’ 42,000 new unemployment claims

BALTIMORE, MD—The coronavirus pandemic is taking a toll on the state’s workforce. The Maryland Department of Labor reported on Thursday that, in just one week, their office had received over 42,000 new unemployment insurance claims. “This is truly unprecedented,” the department said on Twitter. “As many customers face longer wait times than usual and have difficulty accessing our website, we […]

Maryland adds 6,500 jobs, unemployment rate falls to 3.5%

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 6,500 jobs in the month of December. During the past five months, 41,900 jobs have been gained, which is the strongest five-month stretch of job gains since March 2010. Maryland’s unemployment rate has decreased […]

Maryland adds 9,800 jobs, unemployment rate remains at 3.6 percent

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 9,800 jobs in November. During the last four months, Maryland has gained 32,000 jobs, which is the strongest stretch in employment growth since 2010. The unemployment rate remained the same at 3.6 percent, the […]

Maryland adds 10,700 jobs, unemployment rate falls to 3.6%

BALTIMORE, MD—The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) on Tuesday released state jobs and unemployment data. According to the preliminary survey data, Maryland added 10,700 jobs in October. During the past three months, 27,400 jobs have been gained, which is the largest three-month gain since 2010. Maryland’s unemployment rate has decreased to 3.6%, which is the lowest […]

Gov. Hogan announces 5th consecutive year of low unemployment insurance taxes

BALTIMORE, MD—The Hogan administration on Thursday announced that, for the fifth straight year, Maryland employers would receive the lowest possible unemployment insurance (UI) tax rates allowed under state law. The low tax rate has been made possible by Maryland’s low unemployment and high job growth. Unemployment insurance claim filings, both total and initial filings, are the lowest they have been […]

Maryland adds 10K jobs, posting largest gains since May 2015

BALTIMORE, MD—The U.S. Department of Labors Bureau of Labor Statistics on Friday released state jobs and unemployment data. According to the preliminary survey data, Maryland added 10,100 jobs in September, which is the largest single month gain since May 2015. Maryland’s unemployment rate has decreased to 3.7%, matching the lowest level of unemployment that Maryland has experienced in the past […]

DLLR: Unemployment rate remained steady in August

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 500 jobs in August. Maryland’s unemployment rate remained at 3.8%. Maryland continues to be in its longest stretch of unemployment below 4% since 2008. Last month, the Financial Activities sector experienced the most […]