Maryland adds 10,700 jobs in October, highest gain in years

Posted at 2:30 PM, Nov 16, 2018

If you are in need of a job, you are in luck! 

According to the U.S. Department of Labor's Bureau of Labor Statistics, the state of Maryland added 10,700 jobs in the month of October, the second highest gain since October 2015. 

Compared to last year, Maryland is up 38,500 jobs and the unemployment rate has fallen to 4.1 percent, according to the report. 

"Maryland is experiencing tremendous growth, requiring employers to find new ways to build their talent pipeline to meet industry demands," said Labor Secretary Kelly M. Schulz. "Through innovative workforce development programs like EARN and apprenticeship, we're empowering our industry partners to take an active role in creating the workforce they need to thrive. Together, we’re helping Maryland workers gain new skills and credentials through leading-edge services that build pathways to rewarding careers."

Here is a breakdown of where the jobs are coming from:

  • Professional and Business Services: 2,300 jobs

    • Administrative and Support and Waste Management and Remediation Services: 1,800 jobs

    • Professional, Scientific, and Technical Services: 500 jobs

  • Education and Health Services: 1,500 jobs 

    • Health Care and Social Assistance: 900 jobs

    • and Educational Services: 600 jobs

  • Trade, Transportation, and Utilities: 1,300 jobs

  • Leisure and Hospitality: 1,100 jobs

  • Mining, Logging, and Construction: 500 jobs

  • Manufacturing: 300 jobs

  • Information 200 jobs

  • Other Services: 2,600 jobs

The Financial Activities sector was the only one decline in job opportunities last month. A decrease of 800 jobs was shared by the Finance and Insurance subsector (600 jobs) and Real Estate and Rental and Leasing subsector (200 jobs).