An Interactive Look at Maryland and the Regional Economy in August 2018
• The most recent jobs report showed that between July and August, Maryland employment grew by 4,600 Total Nonfarm jobs, including an increase of 7,900 Total Private jobs and a decrease of 3,300 Government jobs.
• The unemployment rate for Maryland fell to 4.2 percent in August, down slightly from 4.3 percent in July.
• The Federal Reserve Bank of Richmond reported that employers are having persistent issues finding qualified workers amidst a tight labor market. However, wage increases were noted to be limited in the district.
• To help make more sense of the numbers, RESI has embedded the Mid-Atlantic Regional Employment Workbook into our monthly report.
Minding the Gap: Economic Disparities and the Battle Over the Light Rail
Over the last few years, there has been quite a lot of discussion around Baltimore’s public transportation system. Much of this discussion has centered on the cancellation of the Red Line project, the subsequent redirection of those funds towards the highways, and a reorganization of the city bus system. MORE