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Economists see mixed signs in Maryland's September jobs report

Economists see mixed signs in Maryland's September jobs report

Maryland's labor market recovered some ground in September after several months of little or no growth, but some economists worry hiring is likely to slow more in the months ahead.

Some even suggested the possibility of a recession as soon as next year, the first since the financial crisis and housing bust in 2008.

Yet the U.S. Labor Department's September jobs report Friday showed employers in the state adding 3,400 jobs last month and the unemployment rate falling to 4.2 percent, below the 5 percent national rate.

Maryland's labor market also looks stronger on an annual basis. The number of jobs in September was up about 1.7 percent from September 2015 — on par...

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