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Maryland unemployment rate drops 2% in June, 68,000 jobs added as economy reopens

Maryland added over 68,000 jobs and its unemployment rate dropped from 10% to 8% in June, the state’s department of labor reported Friday.

At 8%, Maryland’s unemployment rate is among the lowest 20 of any state, according to data from the U.S. Bureau of Labor Statistics, and more than 3 percentage points beneath the national rate. Almost 30 other states also saw declines of 2% or more in their rates from May to June.

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The rate is more than double the 3.6% Maryland reported in June of 2019, in line with trends nationwide as the coronavirus pandemic has temporarily or permanently closed businesses and flooded states’ unemployment systems, including Maryland’s.

The state reported adding 68,300 jobs in June, an increase of 2.8%. The percentage of growth ranked 32nd among the 50 states. Between May and June, as Maryland has started the process of reopening its economy, the state has added 96,700 jobs.

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“Our economy is open, recovering, and doing better than many other states, but only the people of Maryland can keep our state open for business by continuing to follow public health guidance,” Gov. Larry Hogan said in a statement. “In Maryland, we were able to keep more than 70 percent of our economy open throughout this entire crisis without shutting down, and 98 percent of our economy is now open and able to operate in a safe way.”

More than a third of the jobs added in June came in the leisure and hospitality sector, with 23,200 jobs. Both the financial activities sector and the information sector saw decreases.

Earlier this week, the state reported that it uncovered an identity theft scheme that featured $501 million worth of fraudulent unemployment claims.

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