NEWS
By Jamie Smith Hopkins | September 9, 2009
The job-hunter commented that he's afraid to check his e-mail and telephone messages for fear of employer rejections, and the people said amen. "Any shred of self-efficacy or faith in myself has been completely shredded," one similarly unemployed person wrote. Another responded: "It's really awful, isn't it? But it really isn't your fault, don't worry!" In this toughest job market in a generation, misery is looking for company - and it's easier than ever to find it online, where groups are springing up for out-of-work people to connect, commiserate and offer hard-earned advice.
NEWS
By Michael Oneal | August 8, 2009
Losses in the job market are finally showing real signs of moderating. But as with most other economic data these days, Friday's employment report sent mixed messages, suggesting that while the economy may be bottoming out, recovery will likely be slow, fitful and frustrating. The Department of Labor reported that the U.S. economy lost 247,000 jobs in July while the unemployment rate dipped to 9.4 percent from 9.5 percent. That was the smallest monthly decline in jobs since last August and provided clear evidence that the longer-term pace of job erosion is slowing markedly.
NEWS
By Lorraine Mirabella | November 22, 2008
The economic crisis pushed Maryland's jobless rate to a 12-year high in October, the Labor Department said yesterday, but economists said even modest growth in the labor force kept unemployment from spiking further. Maryland's unemployment rate hit 5 percent for the first time since April 1996, according to the Bureau of Labor Statistics. It increased from 4.6 percent in September, on a seasonally adjusted basis, continuing a climb tied to turmoil in housing, credit and the financial markets.
NEWS
By Jamie Smith Hopkins | June 21, 2008
Maryland's unemployment rate hit 4 percent last month for the first time in 2 1/2 years as the national slowdown continued to take its toll, the federal government said yesterday. The rate jumped from 3.6 percent in April, a big one-month leap. Still, economists say 4 percent isn't high unemployment by any means. It's substantially below the nationwide rate, which rose to 5.5 percent from 5 percent last month. Joblessness worsened in all states except Louisiana, the Labor Department said.
NEWS
By Mary Sanchez | June 18, 2007
It's no secret that Americans are in denial when it comes to aging. Sales of Botox are booming, tummy tucks and eyelid lifts are common, and anti-aging creams and gels are multibillion-dollar businesses. So it should come as no surprise that Americans find it difficult to grasp that our population as a whole is maturing, that the median age is slowly climbing upward. This has serious consequences for our economy and our culture, and it also bears on the immigration issue now being debated.
NEWS
September 18, 2006
Ten years after the nation's welfare laws were overhauled, forcing millions of poor, single mothers off public assistance and into the work force, the social outcomes have been mostly positive. More of these women are working and setting their own paths than ever before. Some troubling trends now threaten their long-term prospects, however. Though they earn more than they did on welfare, many remain poor, according to a recent study by the Center on Budget and Policy Priorities. Child poverty has increased in recent years as the number of children who receive public assistance has fallen.
NEWS
By JAMIE SMITH HOPKINS | December 17, 2005
Maryland employers added 5,600 jobs last month, a relatively strong performance, but the state's jobless rate inched up to 4.2 percent anyway, the U.S. Labor Department announced yesterday. Unemployment was 4.1 percent in October. By comparison, the nation's rate was 5 percent both months. The numbers are adjusted for seasonal variations. The state has added 48,900 jobs since November last year, a downshifting since the heady months of early summer, when the annual rate was flirting with 60,000 jobs.
NEWS
By James P. Miller | September 3, 2005
CHICAGO - In a bit of good economic news that drew only limited attention, the Labor Department said yesterday that U.S. employers added a net 169,000 jobs in August, and the nation's unemployment rate declined to a four-year low of 4.9 percent. Yesterday's report of 169,000 new jobs for August landed short of the 190,000 that economists had been forecasting. But many elements were positive: The percentage of people in the work force rose 0.1 percentage point, to 66.2 percent, its highest level in two years.
NEWS
By William Patalon III | July 23, 2005
Maryland employers added 11,800 jobs in June - one of the best performances in the country, the Labor Department reported yesterday. The June gain was the sixth-highest in the nation, trailing only Florida, California, New York, Virginia and Texas. And on a percentage basis, Maryland's 0.5 percent increase in June was the third highest. "While these are preliminary figures, I think it's safe to say that Maryland has transformed itself from .... a mere recovery mode and entered a phase of brisk growth," said John Hopkins, associate director for applied economics at RESI, Towson University's research and consulting unit.
NEWS
By Jamie Smith Hopkins | June 18, 2005
Maryland employers added nearly 5,000 jobs last month, helping nudge the unemployment rate down to 4.2 percent, the U.S. Labor Department said yesterday. The agency also reported that the state's labor force of 2.9 million soared by 20,500 people in May, an unusually large monthly increase that could signal growing faith in the economy - though local economists warned that the figure is based on preliminary data and will probably be revised downward. Labor force and unemployment numbers are culled from a separate survey than job creation numbers, which explains why they don't add up. But everything points to the same conclusion about the economy, experts said.