Posted 1/3/2024, 12:34:14 PM
Maryland's Economy Stalls as Workers Leave State Due to High Costs and Lack of Child Care
- Maryland's economic growth has stalled since 2016 while the national economy expanded
- The state lost lower- and middle-income workers due to unaffordable housing
- A larger share of women left Maryland's workforce compared to other states
- There is a labor shortage with far more job openings than job seekers in Maryland
- The economic analysis links workforce participation declines more sharply among women to child care access issues