Department of Numbers

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

Monthly chart of total unemployed in Maryland from 1990 to October 2023

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