Unemployment rate holds steady at 5.5 percent
BALTIMORE, MD (March 27, 2015) – The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) released February state jobs and unemployment data earlier
today. According to the preliminary survey data, Maryland added 6,100 total jobs over-the-month. The private sector increased by 3,100 jobs and the public sector
gained 3,000 jobs. Since February 2014, Maryland’s private sector has added 37,900 jobs. Maryland’s preliminary February unemployment rate was estimated to be 5.5
"Maryland’s improving employment numbers, including the gains in manufacturing, are a good indicator that the state is making progress. However, we still have
work to do. At the Maryland Department of Labor, we remain focused on workforce development as well as fostering an environment where businesses can obtain the
support needed to thrive and create jobs to put more Marylanders back to work,” said Maryland Labor Secretary Kelly M. Schulz.
According to the data released today, the Professional and Business Services sector gained 3,000 jobs in February. (The Professional, Scientific, and Technical
Services subsector added 3,500 jobs; the Administrative and Support Services subsector as well as the Waste Management and Remediation Services subsector both
decreased by 500 jobs.) The Trade, Transportation, and Utilities sector added 700 jobs. (The Retail Trade subsector gained 2,700 jobs; the Wholesale Trade
subsector decreased by 1,700 jobs and the Transportation, Warehousing, and Utilities subsector declined by 300 jobs.) The Manufacturing sector added 300 jobs.
(The Non-durable Goods subsector added 100 jobs and the Durable Goods subsector added 200 jobs.) The Information sector added 900 jobs. The Financial Activities sector
added 100 jobs in February. (The Real Estate and Rental and Leasing subsector added 400 jobs and the Finance and Insurance subsector decreased by 300 jobs.) The Education
and Health Services sector gained 100 jobs. (The Educational Services subsector added 1,800 jobs. The Health Care and Social Assistance subsector declined by 1,700 jobs.)
The Department of Labor, Licensing and Regulation
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