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Moody's Corporation

Maryland adds 9,200 jobs in July

Maryland adds 9,200 jobs in July

The slowly gathering power of Maryland's private sector came into focus in July, as a strong month of hiring pushed annual job growth to the highest rate in nearly a decade. Employers added about 9,200 jobs in July, according to Labor Department estimates released Friday. It was the third-largest monthly increase in the last 12 months, and put payrolls up about 2 percent since last year — about the same as the United States overall. July was the first month since 2006 that Maryland's year-over-year job gains topped 2 percent. And while the figures are preliminary and growth could cool in coming months, economists said they suggest an economy that is improving. "The...

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