Unemployment Rate

Maryland's unemployment rate remains unchanged at 4.3 percent

Maryland's unemployment rate remains unchanged at 4.3 percent

Maryland ‘s unemployment rate held steady at 4.3 percent in June despite the state losing about 5,500, mostly government jobs, according to data from the U.S. Department of Labor’s Bureau of Labor Statistic.

The rate in Maryland has been unchanged for months, and remains slightly above June’s national unemployment rate of 4 percent, which ticked up from 3.8 percent in May.

Andy Bauer, a senior regional economist at the Baltimore branch of the Federal Reserve Bank of Richmond, said there isn’t a whole lot of momentum in the economy right now, but his outlook for the rest of the year remained positive.

Government jobs can wane in the summer, but businesses he’s surveyed...

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