Quantcast

Maryland loses 6,200 jobs in June, third-worst in nation

Following two months of significant gains in its private employment numbers, Maryland lost 6,200 jobs in June, the U.S. Department of Labor reported Tuesday.

Only Illinois and New Jersey experienced greater over-the-month decreases in employment than Maryland, which has now seen net losses in two of six months this year.

Maryland had added 16,300 jobs in April and 12,200 in May (revised from a preliminary estimate of 13,500), and June’s cuts were likely the result of “a smoothing out of recent hiring,” according to a release from the Maryland Department of Labor, Licensing and Regulation.

Since June 2014, the state has added 38,900 jobs, and unemployment has dropped from 5.8 to 5.2 percent.

Maryland’s job cuts last month came across the board, with nearly all sectors experiencing losses. The heaviest declines came in the education/health services and government sectors, while the trade, transportation and utilities sector added the most jobs of any industry in the state.

Nationally, 223,000 jobs were added in June, and the unemployment rate fell to 5.3 percent, the lowest in seven years.