Eastern Shore struggles with higher unemployment, more business closings than rest of Maryland

Between 2007 and 2011, the most recent available data, Maryland’s nine Eastern Shore counties averaged a loss of 11% of its business establishments employing people. Statewide, the loss was much less, declining 5.7%.Since 2000, the state of Maryland has actually gained businesses by about 4%, but the Eastern Shore is lagging with a gain of less than 1%.

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Fighting Irish: O’Malley, McDonnell, Biden, Ryan and Hogan

The Irish were at it again on Sunday morning: Maryland Gov. Martin O’Malley, liberal Democrat, sparring on Meet the Press with Virginia Gov. Bob McDonnell, conservative Republican. Both chair their party’s governors association.

O’Malley was defending Vice President Joe Biden of the loose lips and McDonnell took up for the Republican vice presidential nominee designee, Rep. Paul Ryan of the tight budget.

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Study finds Md. economy will benefit from health care act despite $19 billion in new spending

Health care system reforms under the Affordable Care Act will cost the state billions to implement but are also projected to generate income from FY 2014 to FY 2020 as a result of the newly insured, a new study reports.

Researchers at the University of Maryland, Baltimore County’s Hilltop Institute estimate that the unemployment rate will decrease nearly 1% by 2020 as a result of almost 135,000 jobs created across all sectors by the new legislation.

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