Maryland Adds 10,100 Jobs, Posting Largest Gains Since May 2015
Unemployment Rate Falls to 3.7%, Matching Lowest Level In The Last Decade
BALTIMORE (October 18, 2019) – The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) today released state jobs and unemployment data. According to the preliminary survey data, Maryland added 10,100 jobs in September, which is the largest single month gain since May 2015. Maryland’s unemployment rate has decreased to 3.7%, matching the lowest level of unemployment that Maryland has experienced in the past decade.
“Our administration has changed the mission of state government to be unabashedly pro-jobs and pro-business and as a result, more businesses are open and more people are working than ever before in the history of our state," said Governor Larry Hogan. "We have experienced one of the biggest economic turnarounds in America, and today that incredible momentum continues with the largest jobs gains in four years and unemployment that matches a ten-year low. Maryland truly is open for business."
Last month, the Education and Health Services sector experienced the most growth with an increase of 4,400 jobs from the Health Care and Social Assistance (4,000) and Educational Services (400) subsectors. The Leisure and Hospitality sector increased by 1,800 jobs from the Accommodation and Food Services (1,600) and Arts, Entertainment, and Recreation (200) subsectors.
“As Maryland’s economy continues to experience tremendous growth, businesses are strategically investing in their talent pipeline to meet industry demands and ensure long-term success,” said Maryland Department of Labor Secretary Tiffany Robinson. “Through our department’s many innovative training, education, and support services, we’re helping workers gain new skills and credentials while giving Maryland’s employers the well-trained workforce they need to prosper.”
The Professional and Business Services Sector also increased by 1,800 jobs from the Professional, Scientific, and Technical Services (1,000), Administrative and Support and Waste Management and Remediation Services (700), and Management of Companies and Enterprises (100) subsectors. Other sectors that experienced growth include: Trade, Transportation, and Utilities (1,200); Mining, Logging, and Construction (900); and Manufacturing (300).
The Financial Activities sector decreased by 2,700 jobs from the Finance and Insurance (2,600) and Real Estate, Rental, and Leasing (100) subsectors.
August’s preliminary jobs estimate was revised upwards by 8,500 jobs, from a gain of 500 to a gain of 9,000 jobs.
About the Maryland Department of Labor
The Maryland Department of Labor is committed to safeguarding and protecting Marylanders. We're proud to support the economic stability of the state by providing businesses, the workforce, and the consuming public with high-quality, customer-focused regulatory, employment, and training services. For updates and information, follow the Maryland Department of Labor on Twitter (@MD_Labor), Facebook and visit our website.
Note: Data is transferred to the Maryland Department of Labor’s website directly from U.S. Bureau of Labor Statistics (BLS) servers. A slight lag may exist as our database is refreshed. For more immediate access to this month's jobs data, please visit the Bureau of Labor Statistics (BLS) website.