Maryland Unemployment Rate Drops to 5.2%
Over the year—Maryland’s private sector jobs are up by 38,400
BALTIMORE, MD (July 21, 2015) – The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) released state jobs and unemployment data earlier today. According to the preliminary survey data, Maryland experienced a smoothing out of recent hiring, as June’s preliminary jobs report shows a loss of 6,200 jobs. Maryland has recorded jobs gains in four out of six months in 2015. Compared with June 2014, Maryland total jobs are up by 38,900. Maryland’s preliminary jobs estimate for May was revised by BLS from a gain of 13,500 jobs to a gain of 12,200 jobs.
Maryland’s June preliminary unemployment rate dropped to 5.2 percent from the May revised rate of 5.3 percent.
“Over the year, Maryland’s businesses have created nearly 40,000 jobs. In June, Maryland’s durable goods manufacturers drove jobs growth, as did our department stores and hospitality industry. That’s great news and further incentive to continue our work training Maryland’s workforce for today’s in-demand jobs. The Maryland Department of Labor, Licensing and Regulation is working to foster an environment where businesses in all sectors can grow and create more jobs," said the Secretary of the Maryland Department of Labor, Licensing and Regulation Kelly M. Schulz.
According to data released today, the Trade, Transportation and Utilities sector added 3,800 jobs. (The Wholesale Trade subsector added 300 jobs, the Retail Trade subsector added 2,400 jobs and the Transportation, Warehousing, and Utilities subsector gained 1,100 jobs.) The Manufacturing sector added 400 jobs. (The Non-Durable Goods subsector decreased by 500 jobs and the Durable Goods subsector gained 900 jobs.) The Leisure and Hospitality sector gained 100 jobs. (The Accommodation and Food Services subsector added 1,900 jobs while the Arts, Entertainment and Recreation subsector decreased by 1,800 jobs.)
The Maryland Department of Labor, Licensing and Regulation (DLLR) 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 DLLR on Twitter (@MD_DLLR), Facebook and visit our website.
Note: Data is spidered in on the DLLR website directly from the Bureau of Labor Statistics (BLS) using Datazoa and a slight lag may exist as the database is refreshed.
For immediate access to this month's jobs data please go to the Bureau of Labor Statistics (BLS) website.