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U.S. Department of Labor

Maryland loses jobs in February, but state's unemployment rate remains 3.7 percent

Maryland loses jobs in February, but state's unemployment rate remains 3.7 percent

Maryland lost 5,800 jobs in February, according to jobs data released Friday by the U.S. Department of Labor’s Bureau of Labor Statistics, though the state’s unemployment rate remained unchanged at 3.7 percent.

The rate has remained steady since December but was down from 4.2 in February last year. The rate is just below the national rate of 3.8 percent.

The number of people participating in the state’s labor force also ticked up slightly to just over 3.2 million, which makes this a “mixed report,” said Andy Bauer, a senior regional economist in the Baltimore branch of the Federal Reserve Bank of Richmond.

“There was a drop in jobs, but...

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