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In 1970, a general reorganization of the state government's executive branch pulled labor-related functions—including the agency that had overseen Maryland's unemployment compensation since 1936—into a new Department of Employment and Social Services. [4]
Maryland’s job market has reached a historic milestone. The mid-Atlantic state registered a record unemployment rate of 1.6% in September — less than half the national unemployment rate of 3.8 ...
Recruitment and technical services for employers; Work tests for the state unemployment compensation system, and; Referral of unemployment insurance claimants to other federal workforce development resources; Labor exchange services are provided via three tiers of service delivery: Self-service—typically electronic databases of job openings
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
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The Maryland Department of Labor, Licensing, and Regulation's Division of Unemployment released data on March 26 showing that unemployment insurance claims increased significantly following the closure of all seated restaurants and bars in the state. The number of new claims increased 984% from 3,852 during the week ending March 14 to 42,334 ...
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Maryland's leading industries by employment are health care, social assistance, state and local government, retail trade, and professional and technical services. Maryland's Gross State Product (GSP) was $295.4 billion in 2010. [1] The Government sector produced $52.1 billion and accounted for 18 percent of Maryland's GSP in 2009. [1]