America’s employers kept hiring vigorously in October, adding 261,000 positions, a sign that as Election Day nears, the economy remains a picture of solid job growth and painful inflation.
Applications for jobless benefits fell slightly last week with the U.S. job market remaining resilient in the face of rising interest rates and persistent inflation.
The number of Americans applying for unemployment benefits fell last week and remains historically low even as the U.S. economy slows in the midst of decades-high inflation.
America’s employers slowed their hiring in September but still added 263,000 jobs, a solid figure that will likely keep the Federal Reserve on pace to keep raising interest rates aggressively to fight persistently high inflation.
The number of Americans filing for jobless benefits dropped last week, a sign that few companies are cutting jobs despite high inflation and a weak economy.
Maryland added 12,000 jobs and the unemployment rate decreased to 3.9% in July. This is the lowest unemployment rate since the beginning of the COVID-19 pandemic.
Slightly fewer Americans filed for unemployment benefits last week as the labor market continues to stand out as one of the strongest segments of the U.S. economy.
Maryland added 1,500 jobs and the unemployment rate remained at 4% in June. This is the lowest unemployment rate since the beginning of the COVID-19 pandemic.
U.S. employers advertised fewer jobs in May amid signs that the economy is weakening, though the overall demand for workers remained strong.
According to preliminary survey data, Maryland gained 10,500 jobs and the unemployment rate decreased to 4% in May. This is the lowest unemployment rate since the beginning of the COVID-19 pandemic.
