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Unemployment Rate

State jobless rate holds steady in October; 700 jobs added

State jobless rate holds steady in October; 700 jobs added

Maryland's jobless rate held steady in October at 4.2 percent, as the state added just 700 jobs since September, the U.S. Labor Department said Friday.

The numbers reflected a slowdown in the state's job growth that has persisted over the past three to six months, with weaknesses in areas such as construction, transportation, and leisure and hospitality. But the preliminary October data from the federal Bureau of Labor Statistics showed strength in health care and education.

Unemployment is also down significantly from the year-ago rate of 5 percent.

The numbers paint a mixed picture of Maryland's labor market, said R. Andrew Bauer, a senior economist for the Federal...

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