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MD adds 2,700 jobs in August; unemployment remains below national average
Maryland added 2,700 total jobs in August, including 1,900 in the private sector, according to monthly data released Friday by the U.S. Department of Labor’s Bureau of Labor Statistics.
Maryland’s growth rate in August matched the nation’s rate at 0.1%. Over the first eight months of the year, Maryland’s economy has added 31,800 jobs and grown by 1.2%, faster than the national rate of 0.9%.
The data from BLS also shows Maryland’s labor force expanded by 5,233 new workers. The growing number of Marylanders entering or reentering the job market impacted the state’s unemployment rate, which ticked up slightly by 0.1 percentage points in August, from 2.8% to 2.9%. Maryland’s rate remains among the lowest in the nation and well below the national unemployment rate of 4.1%.
In August, the top five sectors that contributed to Maryland’s job growth were private educational services (5,000 jobs), transportation, warehousing, and utilities (1,200 jobs), arts, entertainment and recreation (900 jobs), government (800 jobs) and real estate, rental and leasing (500 jobs).
