Scientific jobs in Maryland grow
Posted on October 3, 2017
More scientific jobs in Maryland are growing, according to recent labor statistics.
The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) released state jobs and unemployment data. According to the preliminary survey data, Maryland added 14,200 jobs over-the-month, an increase five times the national rate of growth. August is the fifth month this year to post over-the-month job gains.
In August, Maryland’s unemployment rate dropped to 3.9 percent, once again falling below the national average of 4.4 percent. Maryland unemployment now stands at pre-recession rates; the last time Maryland saw an equivalent unemployment rate was May 2008.
“From day one, a top priority of our administration has been growing our private sector and creating more jobs and we have made incredible progress,” said Governor Larry Hogan. “In just two and a half years, Maryland has added more than 10 times more private sector jobs than were added in the previous 8 years, and the unemployment rate is at the lowest it has been in nearly a decade. We pledged to put our state on a new path and turn around our economy, and we are doing exactly that.”
Since January 2015, Maryland has gained 127,600 jobs. Of the 14,200 jobs gained last month, 9,700 were in the private sector. Compared with August 2016, private sector jobs are up by 57,900, an over-the-year change of 2.6%.
“August’s job gains are the second-highest in the past seven years,” said Maryland Labor Secretary Kelly M. Schulz. “Our regulatory reform and workforce development programs are creating opportunities for both business owners and job seekers, and the numbers reflect that. The Department of Labor is proud to do its part to ensure our citizens have jobs.”