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Maryland

aerial view of Maryland

Total payroll employment in Maryland increased by 2,300 jobs (0.1 percent) in April. The unemployment rate ticked up to 3.1 percent.

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Labor Market Conditions

"Reports on Maryland's labor market were mixed in April. Payroll employment increased slightly, but the unemployment rate ticked up and the number of people in the labor force fell in the month." – Joseph Mengedoth
Total payroll employment in Maryland increased by 2,300 jobs (0.1 percent), on net, in April. The largest job gains in the month occurred in leisure and hospitality (1,500 jobs), followed by education and health services (900 jobs) and the trade, transportation, and utilities sector (900 jobs). Conversely, the largest job decline occurred in the government sector that shed 1,300 jobs in the month.
On a year-over-year basis, payroll employment in Maryland increased by 24,200 jobs (0.9 percent), on net. The most jobs were added over the year in education and health services (14,900 jobs), followed by government (6,100 jobs).
Maryland's unemployment rate ticked up to 3.1 percent in April as the number of people unemployed increased by 2,300 people.

Housing Market Conditions

Residential permits increased by 24.4 percent from March 2025 to April 2025. Compared to a year ago, April 2024, Maryland has seen permits decrease by 43.1 percent.
According to the Federal Housing Finance Agency, the value of homes in Maryland appreciated 1.2 percent in Q1 of 2025 compared to Q4 of 2024. Also, home values appreciated 4.6 percent in Q1 of 2025 compared to Q1 of 2024.

Snapshot Resources

Term Definitions

Payroll Employment
The number of nonfarm jobs (persons on payrolls) according to where those jobs are located.
Unemployment Rate
The number of unemployed persons (those not employed but available and searching for work) as a percent of the civilian labor force (the total number of employed plus unemployed persons).
Industry Structure
A breakdown of total nonfarm jobs by industry. Percentages sum to 100 percent.
Industry Growth
The percentage change in jobs in each industry from a year ago.
Building Permits
The number of privately owned single-family and multi-family units authorized in permit-issuing places.
House Price Index
A repeat sales index, measuring average price changes in repeat sales or refinancings on the same single-family properties.

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Joseph Mengedoth