Maryland Unemployment

According to the BLS current population survey (CPS), the unemployment rate for Maryland rose 0.1 percentage points in October 2023 to 1.7%. The state unemployment rate was 2.2 percentage points lower than the national rate for the month. The unemployment rate in Maryland peaked in April 2020 at 9.0% and is now 7.3 percentage points lower. From a post peak low of 1.6% in September 2023, the unemployment rate has now grown by 0.1 percentage points. You can also see Maryland unemployment compared to other states.

Unemployment Rate	October 2023	Month/Month	Year/Year
National	3.9%	+0.1	+0.2
Maryland	1.7%	+0.1	-1.5

Note: All comparisons are made with October data as November state level unemployment data has not yet been released.

Unemployment Rate: Maryland, National

Maryland monthly unemployment rate chart from 1990 to October 2023

Note: Recessions shown in gray

Maryland Unemployed

The number of people unemployed in Maryland peaked in April 2020 at 289,469. There are now 234,032 fewer people unemployed in the state. From a recent trough of 52,673 in September 2023, the number of unemployed has now grown by 2,764. Maryland job growth data is also available.

Unemployed Persons	October 2023	Month/Month	Year/Year
Maryland	55,437	+2,764	-47,461

Number of Unemployed Persons