BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | December 12, 2011
Employment in the Baltimore area has held up better in the last few difficult years than it has in other, similar regions, thanks largely to the strength of the education, health care and government sectors, according to a new study. The 2011 State of the Region report, produced for the Greater Baltimore Committee, says the Baltimore area's loss of 1.6 percent of its jobs between 2008 and 2010 was the fifth-smallest drop among 20 metro areas studied. Austin, Texas, had the best performance, with a drop of about half a percent, while Tampa's 3.6 percent job loss ranked the Florida city dead last.
EXPLORE
October 26, 2011
As city administrator, my position serves "at the pleasure of" the mayor who appointed me, Craig A. Moe. I understand my position may end next month; and I accept that. However, one of my most important duties and responsibilities is to protect the city's exceptional employees. City employees provide the services that make our city a great place to live, work and do business. I believe I must speak out for our valuable employees to share the feelings they have expressed to me and their co-workers.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | July 22, 2011
Maryland tied for the fastest pace of job loss in the past year in June, the federal government estimated Friday, the second month in a row that the state was at or near the bottom of the heap. The state's unemployment rate — which had been trending downward for months — hit 7 percent in June, up from 6.8 percent in May, the U.S. Department of Labor reported. It was the first time the jobless rate had risen since January 2010. Maryland lost nearly 15,000 jobs over the past 12 months, spread across most major sectors, according to the agency's estimates.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | July 21, 2011
A broad swath of workers in the Baltimore region — including those landing jobs in the sector doing the most hiring these days — do not earn enough to afford a home or even to rent a two-bedroom apartment on their salaries alone. That's the conclusion of a study released today by the Center for Housing Policy. The Washington-based nonprofit reports each year on whether workers in common occupations that typically require no more than a bachelor's degree can find housing that doesn't take up a huge chunk of their income.
NEWS
June 20, 2011
The latest news on Maryland's economy has been disappointing at best. The state lost more than 13,000 jobs in May, one of the highest job losses in the country. But worse, the unfavorable monthly data comes on the heels of a U.S. Department of Labor report that ranks Maryland dead last in the nation in job creation over the last 12 months. That's not something to be taken lightly — losing 20,000 jobs over the past year amounts to a 1 percent hit to Maryland's employment base.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | June 17, 2011
Hampered by a slowdown in federal spending, Maryland came in dead last in the nation for its pace of job creation over the past year, shedding almost 1 percent of its employment base — nearly 20,000 positions — the U.S. Department of Labor reported. The figures released Friday show declines in Maryland in eight of the past 12 months. Twenty-two states added jobs during the past year. The preliminary report, which could be revised, isn't uniformly bad. The Labor Department's survey of households suggests that more Marylanders are working, either by finding employment out of state or by starting new businesses, neither of which would show up in the separate jobs count.