Best month for private sector job creation since 1996
BALTIMORE, MD (November 20, 2012) -The U.S. Department of Labor's Bureau of Labor Statistics (BLS) released
state jobs and unemployment data earlier today. According to the preliminary survey data, Maryland gained 14,000 jobs
during October, more than doubling last year's September to October gain of 5,900 jobs. This is the largest increase
for-the-month since 1999, and marks Maryland's third consecutive month of job gains. The private sector was the sole
source of job generation in October. The preliminary September jobs report that indicated an increase of 9,800 jobs
was today revised to a gain of 9,500 jobs.
According to the BLS, Maryland's preliminary October unemployment rate dropped by two tenths of a percentage
point to 6.7 percent. The preliminary September rate remained unchanged with revision - holding steady at 6.9 percent.
"Maryland continues to make real progress toward recovery from the national recession," said Maryland Labor Secretary
Leonard Howie. "This report is a clear indication that the O'Malley Administration's investments in our workforce development
initiatives are working. Together, we're fostering an environment where businesses can continue to thrive and create jobs."
Within Maryland's private sector, sizeable gains were recorded in a number of sectors. Professional and Business Services
were up by 3,900 jobs, with gains of 4,700 in Professional, Scientific & Technical Services boosting the sector. Within
Professional, Scientific and Technical Services, firms engaged in computer systems design and scientific R&D activities
supported the sector expansion. Professional and Business Services has been the leading job producer over the past year,
expanding at a rate of 5.1 percent and adding 20,300 jobs to Maryland's business payrolls since October 2011.
In addition, Trade/Transportation/Warehousing/Utilities advanced by 3,700 jobs - with the retail trade component propelling
the sector. Leisure & Hospitality gained 3,700 jobs over-the-month, a gain predominantly reinforced by strength shown in
food services industries. Education/Health Care was up by 2,700 jobs over-the-month and Natural Resources/Mining/Construction
gained 2,300 jobs.
Secretary Howie will brief the media on the October 2012 jobs report during a conference call at noon today.
(Call-in: 800-619-4425; Passcode: 7016775)
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