Eye on the Economy: A Look at Maryland and the Regional Economy in June 2025

• The most recent jobs report showed that between May and June, Maryland lost 8,500 Total Nonfarm jobs.
• The official unemployment rate for Maryland increased to 3.3 percent.

30^th Annual Economic Outlook Forum:
Increasing Maryland's Business Competitiveness

Thursday, November 6, 8:15–11 a.m.
TU University Union

Join RESI Chief Economist Daraius Irani for his annual economic outlook forecast for our state followed by a panel discussion on increasing Maryland's business competitiveness, featuring:

• Mary Kane, president and CEO, Maryland Chamber of Commerce
• Brooke Lierman, comptroller, State of Maryland
• Jay Steinmetz, founder, Barcoding; CEO, Power Up Connect
• Moderator: Jeff Salkin, news anchor, Maryland Public Television

Moore administration's buyout offer to eligible state employees includes $20K lump sum
WBALTV, July 11, 2025

In an effort to cut $121 million from the 2026 budget, Governor Wes Moore is offering some state employees a buyout. This announcement comes just days after the implementation of a hiring freeze for state jobs. The buyout package includes a $20,000 lump sum, an additional $300 for each year of service, and six months of paid health benefits for eligible employees. RESI Chief Economist Daraius Irani noted that this could be an appealing option for certain workers, particularly younger state employees, who may be inclined to take the buyout and pursue opportunities in the private sector.