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Maryland finance jobs added

Posted on June 3, 2016

A number of new Maryland finance jobs have been added.

According to the preliminary survey data, Maryland added 200 total jobs over-the-month. The private sector added 800 jobs. Four months in 2016 have posted over-the-month job gains. Maryland’s preliminary jobs estimate for March was revised by BLS from a gain of 19,300 to a gain of 20,300 jobs.

“Last month, Maryland was the number one state for job creation with the addition of 20,300 jobs and much of that success is due to the growth of our private sector,” said Maryland Labor Secretary Kelly M. Schulz. “At the Maryland Department of Labor, we are changing Maryland for the better by focusing on economic development as we prepare citizens for new opportunities through our various employment and training resources and services.”

According to the data released today, the Professional and Business Services sector increased by 1,700 jobs. (The Professional, Scientific and Technical Services subsector increased by 1,000 jobs, the Administrative and Support and Waste Management and Remediation Services subsector increased by 900 jobs and the Management of Companies and Enterprises subsector decreased by 200 jobs.)

The Financial Activities sector increased by 1,100 jobs. (The Finance and Insurance subsector increased by 800 jobs and Real Estate and Rental and Leasing subsector increased by 300 jobs.) Leisure and Hospitality sector increased by 1,400 jobs. (The Accommodation and Food Services subsector increased by 2,500 jobs and the Arts, Entertainment and Recreation subsector decreased by 1,100 jobs.)

The Education and Health Services sector increased by 400 jobs. (The Educational Services subsector increased by 1,000 jobs and the Health Care and Social Assistance subsector decreased by 600 jobs.)

Maryland’s April unemployment rate dropped to 4.6 percent from the March rate of 4.7 percent.

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