In October, Maryland saw a significant uptick in hiring, dip in unemployment at strongest rate since the start of the COVID-19 pandemic.
Updated employment data released by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) on November 19 showed that Maryland gained 14,900 jobs in October and that the unemployment rate decreased to 5.7% — the lowest unemployment rate since the beginning of the COVID-19 pandemic.
According to a Maryland Department of Labor press release:
October was the strongest month of jobs growth this year for the private sector and was the second strongest month for jobs growth in Maryland in 2021. All major private sectors experienced job growth in October, for the first time since September 2020. More than three quarters of jobs lost at the beginning of the pandemic have now been recovered (73% in September, 77% in October). Since the beginning of 2021, Maryland has gained a total of 84,000 jobs.
The Leisure and Hospitality sector had the largest private sector jobs growth with 4,800 jobs. Other sectors that experienced growth include: Professional and Business Services (3,900); Trade, Transportation, and Utilities (3,000); Education and Health Services (1,800); Mining, Logging, and Construction (800); Information (700); Manufacturing (300); Other Services (300); and Financial Activities (100).
At the 2021 MACo Winter Conference session, “Navigating a New World: Counties and the Post-Pandemic Workplace,” an expert panel will discuss the challenges and opportunities presented by a post-COVID labor environment.
The 2021 MACo Winter Conference, “Time to Reboot: Tomorrow’s Tech Today,” will be held at the Hyatt Regency Chesapeake Bay Hotel in Cambridge, MD from December 8-10.
Learn more about MACo’s Winter Conference: