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Eye on the Economy: An Interactive Look at Maryland and the Regional Economy in August 2019

Interactive Look at Maryland and the Regional Economy

• The most recent jobs report showed that between July and August, Maryland gained 2,400 Government jobs while losing 1,900 Total Private jobs, resulting in an overall gain of 500 Total Nonfarm positions.

• Since January, Maryland has lost a total of 15,000 Total Nonfarm jobs.

• The unemployment rate for Maryland remained constant at 3.8 percent in August.

Upcoming Events

Economic Outlook Forum

2019 Economic Outlook Forum: Stranger Things Edition

Thursday, November 7 | 8:30—11:30 a.m. | West Village Commons

The national economy is doing well, and the labor market is approaching full employment. However, dark forces lurk just below the surface. Will these forces be enough to send us to the “Upside Down”? What should you be watching for in the months to come? Attend the annual Economic Outlook Forum and find out how these “Stranger Things” will impact the Maryland economy.

• 8:30 a.m. Registration opens and breakfast available

• 9:00 a.m. Welcome Remarks

• 9:15 a.m. The Economic Outlook

• 10:15 a.m. Q & A

• 10:40 a.m. RESI’s Roundtable Recap: Identifying Steps to Address Local Disparities

• 11:20 am a.m. Q & A

Mike Siers

Join RESI at upcoming roundtables

Thanks to everyone who attended our first three roundtables. Join us for our last two. All sessions will be held at 3 p.m. at 7400 York Road, Suite 301, in Towson. Attend the Economic Outlook Forum to learn about the outcomes of the roundtables.

• September 26, Public transportation

• Date TBD, An accessible economy


Join TU Incubator for EdTech Innovation Showcase

Thursday, October 10 | 5:30–8 p.m. | TU West Village Commons

Administrators, educators, investors, and innovators—the EdTech Innovation Showcase is for you. Join TU Incubator to network with a high-powered audience of strategic partners and meet member companies who are using edtech to drive innovation in education.


RESI in the News

Navigating Baltimore Part I: You can’t get there from here
Baltimore Business Journal, 08/09/2019
Across the region, commuters on public transportation struggle to get to work on time amidst issues with traffic, reliability, and job centers with limited access to bus and rail lines. In some cases, employers are establishing their own shuttles in order to carry commuters the last mile between a transit stop and their place of work. Meanwhile, those who commute using cars experience travel times significantly greater than the national average. Stakeholders across the region are working to improve transportation both through new public transportation options and the expansion of highways. RESI Chief Economist Daraius Irani, Ph.D., said that given our tight labor market, getting people from their home to their jobs has become an even more important way to grow Maryland’s workforce. Dr. Irani noted that major employers are finding that large portions of the population are not able to access good jobs due to transportation.

Towson University, 7400 York Road, Towson MD 21204

resi@towson.edu | 410-704-7374

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