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An Interactive Look at Maryland and the Regional Economy in January 2019

Interactive Look at Maryland and the Regional Economy

• The most recent jobs report showed that between December and January, Maryland added 3,100 Total Nonfarm positions, including a gain of 4,900 Total Private jobs and loss of 1,800 Government jobs.

• Maryland’s largest employment gains were made in the Education and Health Services sector with an increase of 3,100 positions, followed by Trade, Transportation and Utilities with a gain of 2,000 positions.

• Preliminary employment figures for December were revised up by 700 jobs to a net gain of 5,600 positions.

• The unemployment rate for Maryland was 3.7 percent in January.

Join RESI at the BTU Partnerships Showcase

Baltimore Homes

Wednesday, April 24, 11:00 a.m.–1:00 p.m., SECU Arena

Don't miss out on Towson University's annual BTU Partnerships Showcase—the best opportunity to explore and expand partnerships with TU. The RESI team of researchers and economists will be on hand to answer any questions about our independent research and opportunities to partner with us.

From Our Blog

A Closer Look at the Student Loan Burden in the U.S.

Students graduating

With student loan debt totaling $1.5 trillion, debt burden affects a large portion of the U.S. population. While the full impacts of this debt burden remain to be seen, the consequences will likely be felt for decades. MORE

RESI in the News

Tax Debate Heats Up in Baltimore County
WYPR, 02/27/2019

There is currently a debate over whether, and what type, of taxes should be raised in Baltimore County to address an $81 million budget gap. Some argue that raising the county’s income tax rate from 2.8 percent to 3.2 percent would be the best option, while others support other types of increases, such as property tax increases. RESI Chief Economist Dr. Daraius Irani noted that approximately 50 percent of the county budget is allocated to schools, and that supporting a strong school system can have a positive effect on property values. Dr. Irani noted, “It’s a fairly strong argument saying, ‘hey look, we’re going to invest in our schools and that’s going to indirectly invest in your property which will then go up.'"

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