By Adam Pagnucco. In Part One, we recited a central lesson from Economics 101: wages are prices affected by supply and demand for labor. In prior recessions, wages either stagnated…
Economy
133 Articles
133
1 Min Read
By Adam Pagnucco. Every college student taking Economics 101 learns about how supply and demand interact to set market prices. Wages are prices set in labor markets. When growth in…
E
Elrich Blasts WMATA Property Tax Break Bill
6 Min Read
6 Min Read
By Adam Pagnucco. In the wake of his veto message, County Executive Marc Elrich has once again blasted a bill passed by the county council granting developers at Metro stations…
4 Min Read
By Adam Pagnucco. The Montgomery County Economic Development Corporation (MCEDC) is the county’s economic development authority. It is a 501(c)(3) whose board members are nominated by the county executive and…
E
Elrich Vetoes WMATA Property Tax Bill
11 Min Read
11 Min Read
By Adam Pagnucco. County Executive Marc Elrich has vetoed Bill 29-20, which would grant high-rise developers on Metro station projects payments in lieu of taxes in return for 15-year exemptions…
6 Min Read
By Adam Pagnucco. WorkSource Montgomery (WSM) is a non-profit designated by the county government as its workforce development organization. WSM helps match job seekers with employers through its job centers…
E
Elrich to Hogan: Let the Music Play
1 Min Read
1 Min Read
By Adam Pagnucco. In a retort to County Executive Marc Elrich’s decision to not follow the state’s phase 3 reopening of businesses, Governor Larry Hogan’s office has released a letter…
E
Elrich Sets June 19 for Phase 2 Reopening
2 Min Read
2 Min Read
By Adam Pagnucco. Montgomery County Executive Marc Elrich has announced that the county’s Phase 2 reopening will begin on Friday, June 19 at 5 PM. His press release appears below….
U
Unemployment Triples in Maryland
1 Min Read
1 Min Read
By Adam Pagnucco. Today, the U.S. Bureau of Labor Statistics (BLS) released its preliminary state-level unemployment numbers for April. In March, BLS estimated Maryland’s unemployment rate at 3.3%. In April,…
3 Min Read
By Adam Pagnucco. When Governor Larry Hogan announced a phase 1 reopening of Maryland’s economy on Friday night, several local jurisdictions (including MoCo) declined to go along. County Executive Marc…