Maryland Employment Grows by Less Than 1% in 2013

As reported in Center Maryland, Maryland’s job growth in 2013 was low, less than a one percent increase in employment statewide.  Donald Fry, President and CEO of the Greater Baltimore Committee, the central Maryland region’s most prominent organization of business and civic leaders, and past member of the General Assembly, writes for Center Maryland:

A recent interactive map of job growth projections published by Pew Charitable Trusts, using data from Moody’s Analytics, projects a better year for Maryland in 2014, forecasting a 1.55 percent job-growth rate in our state this year. This would rank Maryland’s employment growth 29th in the nation and third among Mid-Atlantic states if the projections are realized.

This modest rebound for Maryland would be a step in the right direction, but not the robust employment growth you might expect in a state with so many strengths, including superior location and quality of life, highly ranked education and a major concentration of research activities and technology development.

For more information, see the full story at Center Maryland.