Maryland Employment Situation - October 2009


BALTIMORE, MD (11/20/09) - Department of Labor, Licensing and Regulation Secretary Alexander M. Sanchez announced that Maryland's seasonally adjusted unemployment rate rose slightly in October to a preliminary seasonally-adjusted rate of 7.3 percent, up from 7.2 percent in September. The unemployment rate in Maryland is rising at a far slower rate than the national rate, which rose four-tenths of one percent in October to 10.2 percent.

Maryland employers added 1,500 more payroll jobs in October than they eliminated. After a painful year of job losses, this is the third month of net job creation in the past six months. Gains were concentrated in durable goods manufacturing, administrative and support services, and local education. Job declines were concentrated in construction, retail trade and the financial sector.

"Maryland employers added jobs overall during October, which is a positive sign," Secretary Sanchez said. "Still, we have not yet seen the kind of broad-based, sustained job growth that would signal a clear path to recovery, and we still face many challenges in helping unemployed Marylanders get back to work."

Maryland's business payrolls have lost approximately 51,000 jobs in the past 12 months.

The state's unemployment rate was 4.8 percent in October 2008.

Employment Situation