DLLR News

 

Maryland Adds 22,100 Jobs Over the Year

 

Three out of five month in 2014 posted over-the-month job gains

BALTIMORE, MD (June 20, 2014) – The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) released state jobs and unemployment data earlier today. According to the survey data, Maryland’s preliminary jobs estimate for April was revised upward from a gain of 9,300 jobs to a gain of 10,600 jobs. Maryland‘s job totals decreased by 1,300 in May. Public sector jobs decreased by 600 and the private sector declined by 700 jobs over-the-month.

Three out of five months in 2014 have posted over-the-month jobs gains. Compared with May 2013, Maryland jobs are up by 22,100. Nearly 85 percent, or 18,300, of those jobs were created by Maryland businesses. Maryland has added 13,800 total jobs since January 2014; our private sector gained 7,400 jobs.

Maryland’s May preliminary unemployment rate is estimated at 5.6 percent. Maryland’s revised unemployment rate for April was unchanged, at 5.5 percent.

“Maryland employers are creating jobs in our Education and Health Services, Financial Activities and Hospitality sectors. Our investments in skills development and training are helping to put more Marylanders back to work,” said Maryland Labor Secretary Leonard Howie. “The Maryland Department of Labor remains focused on accelerating hiring and job growth.”

The Education and Health Services sector led private sector growth by adding 3,000 jobs. The Educational Services subsector added 400 jobs, and the Health Care and Social Assistance subsector gained 2,600 jobs. Leisure and Hospitality sector added 2,800 jobs in May. The Accommodation and Food Services subsector added 3,000 jobs. Financial Activities added 1,300 jobs. The finance and Insurance subsector added 1,300 and the Real Estate Rental and Leasing subsector remains unchanged, at 46,300 total jobs. Natural Resources, Mining and Construction added 600 jobs. Other Services gained 500 jobs.

Secretary Howie will brief the media on the May 2014 jobs report during a conference call at noon today. Call-in number: 1-(877) 274-9107.

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. For updates and information, follow DLLR on Twitter (@MD_DLLR), Facebook and visit our website.

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