The most recent jobs report showed that between June and July, Maryland employment grew by approximately 5,300 Total Nonfarm jobs. The greatest gains were in the Education and Health Services supersector with an increase of 2,900 positions, followed by the Government supersector which added 2,600 jobs. Additionally, the Professional and Business Services supersector also posted a substantial increase of 2,100 positions. The Leisure and Hospitality Supersector showed declines of 1,400 positions between June and July, followed by the Mining, Logging, and Construction supersector which dropped by 1,300 positions. On the subsector level, which shows a greater level of detail, the largest gains were made in State Government which increased by 5,200 jobs. The overall government job gains were dampened, however, by a loss of 2,600 Local Government positions. Other substantial changes were in the Accommodation and Food Services subsector which showed a drop of 2,800 positions, and Health Care and Social Assistance which added 2,400 jobs.
Of note, the preliminary jobs report for June was revised up by 6,700 positions, resulting in an overall gain of 1,200 jobs (instead of the 5,500 job loss initially reported). The most-substantial revision was in the Administration and Support and Waste Management and Remediation Services subsector, which was revised up from 172,400 to 177,000 jobs. The unemployment rate for Maryland stayed constant in July at 4.3 percent, unchanged from June.
Neighboring states in the Mid-Atlantic region (Virginia, Pennsylvania, Delaware, and Washington, D.C.) added 17,300 Total Nonfarm jobs, including gains of 16,100 Total Private jobs and 1,200 Government jobs. The greatest gains were in the Professional and Business Services supersector which added 11,500 positions, followed by an increase of 3,900 jobs in Leisure and Hospitality. The greatest losses were in the Trade, Transportation and Utilities supersector with a drop of 3,300 positions, and Mining, Logging and Construction which declined by 1,200 jobs. The unemployment rate for neighboring states fell to 3.8 percent, down from 3.9 percent in June.
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, PhD
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. With a passion for all things economic, Daraius’ posts focus on a wide range of topics from immigration to bicycling. Read Daraius’ 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