The most-recent jobs report showed that between April and May, Maryland gained approximately 4,600 Total Nonfarm jobs. The greatest gains were in the Government supersector with the addition of 2,400 jobs, which is in contrast to April’s loss of 2,300 positions. Leisure and Hospitality also gained 1,300 jobs, while Professional and Business Services posted gains of 700 jobs. Both the Manufacturing supersector and the Mining, Logging, and Construction supersector each gained 500 positions. The greatest losses were in Financial Activities, which lost 500 positions, followed by Trade, Transportation and Utilities with a 300 position decline. The unemployment rate for Maryland stayed constant in May at 4.3%, unchanged from last month.
Neighboring states in the Mid-Atlantic region (Virginia, Pennsylvania, Delaware, and Washington, D.C.) added a combined 12,200 Total Nonfarm jobs between April and May, including gains of 14,300 Total Private jobs and losses of 2,100 Government jobs. The greatest gains were in the Trade, Transportation, and Utilities supersector which added 5,300 positions. Additionally, the Financial Activities supersector and Leisure and Hospitality supersector each added 2,400 positions, while Mining, Logging, and Construction added 2,200 positions. The greatest losses were in Government employment, declining by 2,100 jobs, and Other Services which lost 1,000 positions. The unemployment rate for neighboring states dropped to 4.0%, down from 4.2% in April.
To make more sense of what’s happening with Maryland’s employment numbers, we’ve embedded our new tool: the Mid-Atlantic Regional Employment Workbook. This dashboard allows you to examine 29 different industries and see how employment is varying in Maryland as well as four other states in the Mid-Atlantic region. To use the dashboard select a sector of the economy that interests you from the dropdown at the top. When you change the sector of interest, the map and five line graphs will update to reflect historical data for that industry. Want to know how employment changed in the sector last month? Hover over each state in the map for percentage changes. Or hover over the line graphs to get more detailed information on the number of employees each month since January 2016 by state.
Mid-Atlantic Regional Employment Workbook
About the Authors
Daraius Irani, Ph.D.
Daraius Irani, Ph.D. serves as vice president of Strategic Partnerships and Applied Research. He fosters the development of partnerships between business, government, and education that contributes to the economic vitality of our region. He also serves as chief economist at the Regional Economic Studies Institute and is often called on by state agencies, private companies, and local governments to provide insight on proposed policies, development, and economic forecasting. Read Daraius’s Posts
Katie Menking serves as economist at the Regional Economic Studies Institute. She has numerous roles, including primary and secondary data collection and analysis, methodology design, and report writing and editing. Katie is a primary author of Eye on the Economy, RESI’s monthly analysis of unemployment data. Read Katie’s Posts