BALTIMORE, MD – The latest labor statistics from the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) show Maryland’s economy added 3,600 private-sector jobs in February, even as the state’s unemployment rate ticked up slightly to 2.4%, marking it as the fourth lowest in the United States.
This increase in jobs spans various sectors, highlighting the state’s diverse economic strength. Leading the job creation were the Private Education and Health Services sector, which added 2,000 positions, followed by Leisure and Hospitality with 1,400 new jobs. Other sectors seeing increases included Mining, Logging, and Construction (400); Other Services (300); Information (100); Professional and Business Services (100); and Trade, Transportation, and Utilities (100).
However, not all sectors experienced growth. The public sector saw a reduction of 1,800 jobs, with the Financial Activities sector losing 600 positions and Manufacturing down by 200 jobs.
This data revision comes alongside an adjustment to January’s employment figures, which were corrected from an initial estimate of a 6,800 total job gain to 6,000. Since December 2023, Maryland has seen an overall job increase of 7,800, aligning its growth rate at 0.3% with the national average.
The BLS data, vital for understanding state economic trends, is directly transferred to the Maryland Department of Labor’s website from BLS servers. While there might be a slight delay in updating the state’s database, the department assures the public of its efforts to provide timely access to this crucial employment data. For the most current job figures, stakeholders are encouraged to visit the BLS website.
For further information on Maryland’s employment situation and detailed job sector data, the Maryland Department of Labor’s website serves as a primary resource.
