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
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
Maryland Unemployment History
Date | National Unemployment Rate |
Maryland Unemployment Rate |
Maryland Unemployed |
---|---|---|---|
November 2023 | 3.7% | — | — |
October 2023 | 3.9% | 1.7% | 55,437 |
September 2023 | 3.8% | 1.6% | 52,673 |
August 2023 | 3.8% | 1.7% | 54,778 |
July 2023 | 3.5% | 1.8% | 58,092 |
June 2023 | 3.6% | 2.0% | 65,293 |
May 2023 | 3.7% | 2.4% | 75,496 |
April 2023 | 3.4% | 2.5% | 78,785 |
March 2023 | 3.5% | 2.7% | 86,288 |
February 2023 | 3.6% | 2.9% | 92,348 |
January 2023 | 3.4% | 3.0% | 94,030 |
December 2022 | 3.5% | 3.0% | 95,998 |