Archive for the ‘News’ Category

Redevelopment of Wild Lake Village Center Begins

Howard County has begun the redevelopment process for the Wilde Lake Village Center in Columbia, Md., according to The Baltimore Sun. The process officially began when Geoffrey Glazer, vice president of development for Kimco Realty Corp., New Hyde Park, N.Y.—the firm that owns Wilde Lake Village Center and five others—gave village board members a letter Oct. 19, establishing a time period

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Federal Hiring Boom Could Help D.C. Region

If projections are correct and the federal government will hire up to 120,000 people for jobs in the Washington, D.C., area during the next few years, the region could rebound more quickly than most of the U.S., according to The Washington Post. A significant hiring boom reportedly could reduce the unemployment rate if jobless area residents are hired and revive stagnant

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Maryland Jobless Rate Increases Slightly

After falling slightly to 7.1 percent in August, Maryland’s unemployment rate returned to 7.2 percent in September, according to The Baltimore Sun. The unemployment rate also was 7.2 percent in May, June and July. These numbers indicate the unemployment rate has seemed to plateau after beginning its rise from 4.6 percent in September 2008. However, job losses have continued, and Maryland

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Washington Area Unemployment Rate Fell in August

The Washington, D.C., region’s unemployment rate fell for the second consecutive month in August, dropping to 6 percent from 6.2 percent in July, according to The Washington Post. Some analysts say the decline is a result of people giving up the job search—not a result of an improving economy. Although the region is adding jobs in the federal government and contracting

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