Employment Situation - November 2010


(BALTIMORE, 12/17/10) - Alexander M. Sanchez, Secretary of Labor, Licensing and Regulation, announced today that Maryland added approximately 2,100 jobs in November on a preliminary basis as compared with October's revised totals. Maryland has now generated approximately 39,000 net jobs since January for the largest year-to-date increase since 2000, adding jobs at a rate (1.6%) that is higher than the national growth rate during that period. This marks the sixth straight month that 2010 job totals have risen over the year, and the largest November gain since 2006.

"For the sixth consecutive month, Maryland employers have added jobs," said Secretary Sanchez. "That fact, combined with the payroll numbers, is a very positive indicator of economic strength. Maryland's unemployment rate remains nearly 25 percent below the national average, as it has been all year."

Maryland's unemployment rate remains at 7.4%, while the national rate rose to 9.8%. November saw an increase in job seekers (+9,418) and the number of employed (+7,734), but employment growth was slightly less than labor force growth, so the number of unemployed increased slightly (+1,684). Over the year, employment has increased by 9,972, marking the first time that employment rose above its year-ago level since June 2008.

Within the private sector, the trade, transportation, warehousing, and utilities sector posted notable growth, adding 3,900 jobs. Nearly two-thirds of this gain (+2,500) was owing to advances in retail trade, for the highest October-November increase in the retail trade sub-sector on record. The construction sector added 1,100 jobs, increasing employment in this industry by 4,600 jobs above its year-ago level. Overall, private-sector employment edged downward slightly by 700 jobs, but has increased by 21,400 jobs since January. The government sector saw an increase of 2,800 jobs, most likely due to local government hiring in elementary and professional schools.

Over the past year, Maryland has gained a total of 31,100 jobs, for a growth rate of 1.2 percent - double the national rate of 0.6%. Notable over-the-year gains have been reported in a number of industries: professional, scientific, and technical services (+8,300); accommodation and food services (+7,200); healthcare and social assistance (+6,800); retail trade (+6,100); and construction (+4,600), all of which continue to outpace the national rates for these sectors.

Employment Situation