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

• The most recent jobs report showed that between July 2025 and August 2025, Maryland lost 3,200 Total Nonfarm jobs.
• The official unemployment rate for Maryland increased to 3.6 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
• Nico Sanders, president and CEO, Community Housing Associates
• Jay Steinmetz, founder, Barcoding; CEO, Power Up Connect
• Moderator: Jeff Salkin, news anchor, Maryland Public Television

The US has more job seekers than open jobs. These 10 states are seeing the biggest increases in unemployment claims.
Business Insider, September 5, 2025

The Bureau of Labor Statistics (BLS) released report in early September showing that there are more job seekers than job openings across the country for the first time since April 2021. Among all states, those with the highest increase in unemployment claims include Connecticut, Tennessee, and the District of Columbia. RESI Chief Economist Daraius Irani noted that employers have significantly lowered their hiring rates, but are reluctant to reduce their overall employment out of concern that it will be difficult to rehire people if needed.