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Maryland

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Payroll employment in Maryland increased by 3,000 jobs (0.1 percent) in November. The unemployment rate ticked up 0.4 percentage point to 4.2 percent between September and November.

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Labor market icon showing three people Labor Market Conditions

  • "Reports on Maryland's labor market were mixed in November. Payroll employment increased slightly in the month but the unemployment rate rose from 3.8 percent in September to 4.2 percent in November." – Joseph Mengedoth
  • Total payroll employment in Maryland increased by 3,000 jobs (0.1 percent), on net, in November. The most jobs were lost in the month in government (2,600 jobs), followed by educational and health services (2,100 jobs). The job gain in the government sector in November was preceded by a loss of 9,100 jobs in October.
  • On a year-over-year basis, payroll employment in Maryland declined by 10,800 jobs (0.4 percent), on net. The most jobs were lost over the year in trade, transportation, and utilities (12,600 jobs), government (10,700 jobs), and professional and business services (6,300 jobs).
  • Maryland's unemployment rate ticked up 0.4 percentage point to 4.2 percent between September and November. (October data is not available.)

Housing Market icon showing a picture of a house Housing Market Conditions

  • Residential permits decreased 23.1 percent from July 2025 to August 2025. Compared to a year ago, August 2024, Maryland has seen permits decrease 37.5 percent.
  • According to the Federal Housing Finance Agency, the value of homes in Maryland appreciated 0.2 percent in Q3 of 2025 compared to Q2 of 2025. Also, home values appreciated 3.3 percent in Q3 of 2025 compared to Q3 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