Business

Maryland gained 3,600 jobs, unemployment rate fell in March

BALTIMORE, MD—The U.S. Department of Labor’s Bureau of Labor Statistics on Friday released state jobs and unemployment data.

According to the preliminary survey data, Maryland gained 3,900 jobs and the unemployment rate decreased to 4.6% in March. This is the lowest unemployment rate since the beginning of the COVID-19 pandemic.

The Leisure and Hospitality sector experienced the most growth with an increase of 2,900 jobs; Mining, Logging, and Construction (1,800); Trade, Transportation, and Utilities (900).

Other sectors that experienced growth include: Education and Health Services (600); Professional and Business Services (400).

Sectors that experienced a decline last month include: Other Services (500); Manufacturing (400); and the Financial Activities sector (300).

Since the beginning of 2022, Maryland has gained 18,300 jobs.

Photo by Pixabay from Pexels

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