DLLR News

 

Maryland Adds 6,100 Jobs in February

 

Unemployment rate holds steady at 5.5 percent

BALTIMORE, MD (March 27, 2015) – The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) released February state jobs and unemployment data earlier today. According to the preliminary survey data, Maryland added 6,100 total jobs over-the-month. The private sector increased by 3,100 jobs and the public sector gained 3,000 jobs. Since February 2014, Maryland’s private sector has added 37,900 jobs. Maryland’s preliminary February unemployment rate was estimated to be 5.5 percent.

"Maryland’s improving employment numbers, including the gains in manufacturing, are a good indicator that the state is making progress. However, we still have work to do. At the Maryland Department of Labor, we remain focused on workforce development as well as fostering an environment where businesses can obtain the support needed to thrive and create jobs to put more Marylanders back to work,” said Maryland Labor Secretary Kelly M. Schulz.

According to the data released today, the Professional and Business Services sector gained 3,000 jobs in February. (The Professional, Scientific, and Technical Services subsector added 3,500 jobs; the Administrative and Support Services subsector as well as the Waste Management and Remediation Services subsector both decreased by 500 jobs.) The Trade, Transportation, and Utilities sector added 700 jobs. (The Retail Trade subsector gained 2,700 jobs; the Wholesale Trade subsector decreased by 1,700 jobs and the Transportation, Warehousing, and Utilities subsector declined by 300 jobs.) The Manufacturing sector added 300 jobs. (The Non-durable Goods subsector added 100 jobs and the Durable Goods subsector added 200 jobs.) The Information sector added 900 jobs. The Financial Activities sector added 100 jobs in February. (The Real Estate and Rental and Leasing subsector added 400 jobs and the Finance and Insurance subsector decreased by 300 jobs.) The Education and Health Services sector gained 100 jobs. (The Educational Services subsector added 1,800 jobs. The Health Care and Social Assistance subsector declined by 1,700 jobs.)

The Department of Labor, Licensing and Regulation protects and empowers Marylanders by safeguarding workers, protecting consumers, providing a safety net and cultivating a thriving workforce that can meet the demands of Maryland's dynamic economy. For updates and information, follow DLLR on Twitter (@MD_DLLR), Facebook and visit our website.

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