MD Workforce Update: Job Gains and Economic Trends

Maryland added 2,700 private-sector jobs to its workforce in September 2024, increasing employment growth to 1.2% year-to-date.

Maryland’s economy continues to show resilience, with 2,700 new private-sector jobs added this month, according to the US Department of Labor’s Bureau of Labor Statistics. With this growth, Maryland’s year-to-date employment increase now stands at 1.2%, slightly above the national average of 1.1%.

The state’s unemployment rate held steady at 2.9% for the month, one of the lowest in the nation and well below the national average of 4.1%. In addition, Maryland’s labor force expanded by just over 1,000 workers while the number of unemployed individuals dropped slightly, further underscoring the state’s strong employment climate.

According to the Maryland Department of Labor, the top five sectors driving job gains in September were:

  • Arts, Entertainment, and Recreation
  • Health Care and Social Assistance
  • Accommodation and Food Services
  • Professional, Scientific, and Technical Services
  • Retail Trade

To learn more about the current status of Maryland’s employment situation, click here.

Read the full press release.

At the 2024 MACo Winter Conference general session, “Maryland Trends: The State of Maryland’s Economy,” Economist Daraius Irani will provide an update on Maryland’s economy and its effects on county governments. The 2024 MACo Winter Conference will be held at the Hyatt Regency Chesapeake Bay Hotel in Cambridge, MD, from December 11-13. This year’s theme is “Anticipate, Adapt, Achieve: Thriving Through Turbulent Times.”

Learn more about MACo’s Winter Conference: