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U.S. Department of Labor

Maryland unemployment rate ticks down to 4.2 percent in August

Maryland unemployment rate ticks down to 4.2 percent in August

The unemployment rate in Maryland ticked down in August to 4.2 percent from 4.3 percent the previous month, but remained higher than a year ago when it was 4 percent.

The dip was the first downward movement in the rate in six months and narrowed the gap to the national unemployment rate of 3.9 percent, which was unchanged from July but a half a percentage point lower than a year ago, according to the U.S. Department of Labor’s Bureau of Labor Statistics.

In Maryland, 4,600 jobs were added in August, marking the fourth consecutive month of gains. Positions were added in most categories, including leisure and hospitality; professional and business services; trade, transportation...

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