BUSINESS
By Lorraine Mirabella, The Baltimore Sun | March 25, 2013
Anne Arundel Workforce Development Corp. is planning a month-long series of free workshops and networking events designed to help the county's unemployed residents find jobs. Of 60,000 available jobs in the Baltimore region, 11,000 are in Anne Arundel County, said Kirkland J. Murray, the group's president and CEO. The group operates one-stop and career connection centers in the county. Back-to-Work month, from April 2 to May 3, will help jobless residents develop skills to better compete in an improving job market, the group said.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | March 18, 2013
Maryland employers added 6,700 jobs in January, picking up the pace from the end of last year, the U.S. Department of Labor said Monday. Businesses added 5,300 jobs in December, according to the agency's revised estimates. In both December and January, all gains came from the private sector as government agencies cut back — eliminating 1,500 jobs in each month. January's uptick wasn't large enough to lower the unemployment rate, which held steady at 6.7 percent. The U.S. jobless rate was 7.9 percent that month.
NEWS
By Peter Morici | January 2, 2013
Friday, forecasters expect the Labor Department to report the economy added 155,000 jobs in December - substantially less than is needed to pull unemployment down to acceptable levels. The tax and spending package passed by the Senate and House provides little prospect of improvement, as the U.S. economy continues to suffer from insufficient demand and will continue growing at a subpar 2 percent a year. Factors contributing to weak demand and slow jobs creation are the huge trade deficits with China and other Asian exporters, as well as on oil. However, on the supply side, increased business regulations, rising health care costs and mandates imposed by Obamacare - and now higher taxes on small businesses - discourage investments that raise productivity and competitiveness and create jobs.
NEWS
December 11, 2012
A recent Sun article painted a too rosy picture of November's unemployment data as evidence of a trend of declining joblessness that began in 2010. However, the writer failed to even mention the employment participation rate, which paints a quite different picture. The Bureau of Labor Statistics publishes that data as well, and it shows a very worrisome trend of decreased labor force participation since the start of the Obama administration in 2009. Also not mentioned by the writer is the fact that average employment gains since coming out the recession have barely kept pace with the number of new entrants into the labor force.
NEWS
By Kevin Rector, The Baltimore Sun | December 11, 2012
A 48-year-old Baltimore man was sentenced to five years in prison for fraudulently claiming hundreds of thousands of dollars in unemployment benefits from the state using false identities, a scheme he conducted in part while already behind bars on unrelated charges, according to the Maryland U.S. attorney's office. Kevin Bernard Smith, who pleaded guilty to conspiracy to commit access device fraud and aggravated identity theft, will also have to serve three years of supervised release, prosecutors said.
NEWS
By Yvonne Wenger, The Baltimore Sun | December 3, 2012
In Maryland, 93,000 teens and young adults are neither working nor in school, a trend that threatens future financial stability and predicts chronic joblessness, advocates said Monday. And unemployment among those ages 16 to 24 is the highest in the country since World War II, a Kids Count policy report shows. Patrick McCarthy, president of the Baltimore-based Annie E. Casey Foundation that compiles the Kids Count data, said young people, without education or experience, are the least likely to find jobs in a stagnant economy.