- The most recent jobs report showed that in June 2022, Maryland gained a total of 1,500 Total Nonfarm jobs.
- The official unemployment rate for Maryland remained at 4.0 percent.
Between May and June, the largest subsector gain was seen in Health Care and Social Assistance, with an increase of 3,500 jobs. This was followed by a gain of 2,000 jobs in Accommodation and Food Services and a gain of 1,600 jobs in Administrative and Support and Waste Management and Remediation Services.The most significant losses over the month were seen in Federal Government, which decreased by 2,100 jobs, and Arts, Entertainment, and Recreation, which dropped by 1,900 jobs over the month.
Both of Maryland’s employment numbers place the state firmly in the bottom half of all U.S. states for June, ranking 37th in percentage job growth and 38th in unemployment rate. Maryland fairs better when compared just to the Mid-Atlantic region, maintaining a lower unemployment rate than Delaware, Pennsylvania, and the District of Columbia. However, Maryland’s low job growth ranked behind every Mid-Atlantic neighbor except the District of Columbia, which had small decline in overall jobs.
Between issues with the supply chain, continued inflation, poor overall growth, and the ongoing effects of both the COVID-19 pandemic and war in Ukraine, Maryland’s immediate economic future remains uncertain. With the situation evolving quickly, stay tuned for more updates on how employment is changing across Maryland, the region, and the country.