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Maryland generates more than 24,000 jobs since August 2011
BALTIMORE, MD (October 19, 2012) -Just days after Governor O'Malley's announcement of
the Unemployment Insurance tax cut for Maryland businesses, more good news for Marylanders
has now been released. 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 gained 9,800 jobs during September, topping last year's August to
September gain of 9,500. This marks the largest gain for the month since 2003. The private
sector gained 9,600 jobs, accounting for 98 percent of the monthly upturn. The preliminary
jobs estimate for August showed an increase of 1,400 jobs. Today's revised numbers show we
actually gained 2,600 jobs.
According to the BLS survey, Maryland's preliminary unemployment rate dropped two
tenths of a percentage point to 6.9 percent. August's unemployment rate remained unchanged
with revision and held steady at 7.1 percent.
"Maryland continues to make progress toward recovery. We've created 25,500 jobs in the
last year and 2,200 fewer Marylanders have filed new unemployment insurance claims," said
Maryland Labor Secretary Leonard Howie. "Both this month's jobs numbers and our unemployment
insurance tax cut for Maryland employers reflect Governor O'Malley's investments in protecting
our workforce and positioning our state to compete effectively in the New Economy. Together,
we're working to broaden Maryland's workforce as we foster an environment where businesses
can continue to grow and create more jobs."
Maryland's most noteworthy September gains were in Professional and Business Services,
which added 4,100 jobs and Trade/Transportation/Warehousing and Utilities, which gained
2,000 jobs. The Education/Health Care and Social Assistance sector added 1,600 jobs
over-the-month, a gain almost evenly split between component industries. The Natural
Resources/Mining/Construction sector added 1,300 jobs, with gains among special trade
contracting providing the growth impetus.
Secretary Howie will brief the media on the September 2012 jobs report during a
conference call at noon today.
(Call-in: 800-619-4425; Passcode: 7016775)
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. Follow DLLR on Twitter
(@MD_DLLR) and Facebook.
Employment Situation
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