Greater Baltimore experienced a stronger labor force growth than the rest of Maryland.
Labor Force
- The labor force and employment in the Greater Baltimore region grew at a slightly faster rate than the rest of the state in 2006 and 2007.
- The total civilian labor force in the Baltimore region grew to over 1.4 million people in 2006, an increase of nearly 7 percent since 1997; the Maryland labor force grew by only 3 percent during the same period.
Unemployment
-
The Baltimore region offers an unemployment rate that has consistently been lower than the national average since 1999.
-
The unemployment rate averaged 3.7 percent in 2007, experiencing a steady decline since 2003.
|
|
2007
|
2006
|
2005
|
2004
|
2003
|
2002
|
2001
|
2000
|
1999
|
1998
|
|
Average Annual Maryland Employment (thousands)
|
|
Labor Force
|
2,980.4
|
2,973.8
|
2,922.9
|
2,878.,1
|
2,870
|
2,861.4
|
2,827.1
|
2,811.7
|
2,787.9
|
2,780
|
|
Employment
|
2,873.5
|
2,861.7
|
2,802.1
|
2,754.5
|
2,741.3
|
2,733.1
|
2,712.3
|
2,711.4
|
2,687.8
|
2,661.2
|
|
Unemployment
|
106.8
|
112.1
|
120.8
|
123.5
|
128.7
|
128.3
|
114.8
|
100.3
|
100
|
118.8
|
|
Unemployment Rate
|
3.6
|
3.8
|
4.1
|
4.3
|
4.5
|
4.5
|
4.1
|
3.6
|
3.6
|
4.3
|
|
Average Annual Baltimore-Towson Metro Employment (thousands)
|
|
Labor Force
|
1397.6
|
1392.9
|
1365.6
|
1344.7
|
1344
|
1344.1
|
1336.7
|
1330.6
|
1311.3
|
1310.2
|
|
Employment
|
1345.5
|
1337.4
|
1305.5
|
1282.4
|
1279.2
|
1280.2
|
1279.1
|
1279.9
|
1258.3
|
1246.8
|
|
Unemployment
|
52.1
|
55.5
|
60.1
|
62.4
|
64.9
|
63.9
|
57.6
|
50.7
|
53.
|
63.4
|
|
Unemployment Rate
|
3.7
|
4.0
|
4.4
|
4.6
|
4.8
|
4.8
|
4.3
|
3.8
|
4.0
|
4.
|
Data Source: Bureau of Labor Statistics, 2008
To see employment data broken down by county, click here.