DLLR's Division of Workforce Development and Adult Learning

 

Labor Force and Industry Developments - Monthly Labor Review - October 2013

 

Maryland Private Sector Gained 600 Jobs in October

Jobs added despite government shutdown

The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) released state jobs and unemployment data earlier today. Due, in part, to the ongoing uncertainty created by the sequester, the 16-day federal government shutdown and the threat of an unprecedented national economic default, Maryland lost jobs in September and October.

In September, total employment fell over-the-month by 8,500 jobs, which included a private sector decline of 4,300 jobs. According to the preliminary survey data, Maryland lost 400 total jobs in October and the private sector increased by 600 jobs. The Public sector declined by 1,000 jobs from September to October.

Compared with the same time last year, Maryland jobs are up by 21,900. Our private sector employers have added 23,000 jobs since October 2012. Private sector jobs are at their highest level for the month of October since 2007.

Maryland's October preliminary unemployment rate was estimated to be 6.7 percent -- unchanged from September, and more than 8 percent below the national unemployment rate of 7.3 percent.

 
Seasonally Adjusted Unemployment Rates - Maryland and US -  October 2012 through October 2013
 
Seasonally Adjusted Unemployment Rates
Maryland and US
October 2012 through October 2013
   
  MD US
Oct 12 6.8% 7.9%
Nov 6.7% 7.8%
Dec 6.7% 7.8%
Jan 13 6.7% 7.9%
Feb 6.6% 7.7%
Mar 6.6% 7.6%
Apr 6.5% 7.5%
May 6.7% 7.6%
June 7.0% 7.6%
July 7.1% 7.4%
Aug 7.0% 7.3%
Sept 6.7% 7.2%
Oct 6.7% 7.3%
 

“Maryland is home to thousands of federal civil servants and federal contractors who had to put their businesses on hold because of the government shutdown in Washington,” said Maryland Labor Secretary Leonard Howie. “Because of the choices we’ve made, we’re seeing better results in Maryland. Although we still have work to do, we have made progress, empowering Maryland’s employers to be more resilient and begin hiring again. The Maryland Department of Labor remains focused on accelerating hiring and job growth as we continue to recover together.”

In the private sector, the Leisure and Hospitality sector added 1,800 jobs in October—the most of any sector –and the Accommodations and Food Services subsector gained 2,100 jobs. The Natural Resources, Mining and Construction sector gained 1,500 jobs. The Education, Health Care & Social Assistance sector added 900 jobs and the Educational Services subsector increased by 2,300 jobs. The Financial Activities sector expanded by 200 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 . Get more information on EARN Maryland.

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