Maryland Manual On-Line - www.mdmanual.net

MARYLAND AT A GLANCE

ECONOMY

EMPLOYMENT


 [photo, Window washers, St. Agnes Hospital, Catonsville, Maryland] In Maryland, State agencies concerned with employment (including unemployment insurance & job-seeker assistance) are the Division of Workforce Development and Adult Learning, the Division of Unemployment Insurance, and the Division of Labor and Industry. Each is part of the Department of Labor, Licensing, and Regulation.

Information about employment within State government agencies is available from the Office of Personnel Services and Benefits of the Department of Budget and Management.

Window washers, St. Agnes Hospital, Catonsville, Maryland, April 2011. Photo by Diane F. Evartt.


 [photo, Baltimore Farmers' Market, Holliday St. and Saratoga St., Baltimore, Maryland]

Employers

Job Service

State Jobs

Unemployment Insurance

Wages

Workforce

Baltimore Farmers' Market, Holliday St. & Saratoga St., Baltimore, Maryland, November 2007. Photo by Diane F. Evartt.


As of June 2011, Maryland's unemployment rate was 7%, up from 6.8% in May 2011, and still below the national average of 9.2%. Despite national economic stresses, employers in professional and business services, education and health services, and leisure and hospitality reported employment gains over the past year.

In 2010, Maryland ranked second in the nation in the fields of technology and science, and first in human capital investment (Milken Institute index). Human capital investment is determined by creating a population average of SAT and ACT test scores, state education appropriations and spending, as well as academic degrees, particularly in the fields of engineering and sciences.

In 2010, Maryland ranked 5th nationally in concentration of technology jobs, which employ 79 of every 1,000 private sector workers. In 2008, the average wage for employees in this sector is $77,000, or 80% more than the average private sector wage.

In 2008, Maryland was ranked the 6th largest cyberstate with tech workers providing 8% of private sector employment, producing a total payroll of $13.4 billion. Some 9,600 high-tech companies were located in Maryland as of the 2008 Maryland Rankings Report by the Maryland Department of Business and Economic Development.

EMPLOYERS

As of March 2010, The Johns Hopkins University was the largest private employer in Maryland. The University employs 38,000 faculty and staff. Other leading employers in the State include Adventist Healthcare, Giant Food Stores of Maryland, Helix Health System, Inc., The Johns Hopkins Hospital, Northrop Grumman Corp., Safeway, Target, University of Maryland Medical System, and Wal-Mart Associates.

In 2009, Maryland had more than 164,000 businesses that employ over two million workers with an annual payroll of nearly $96 billion. In the manufacturing sector, seventeen of twenty industrial categories are represented with corporate headquarters of well-known businesses, such as Black & Decker, McCormick, and Lockheed Martin located in Maryland. Financial services is a growing sector in the Maryland economy. Brokerage firms, insurers, and other financial companies maintain their home operations or a significant presence in the State.

Government employees in Maryland, in 2009, numbered 476,918 as per report of Department of Labor, Licensing, and Regulation. Of these, 131,862 were federal workers, 100,190 worked for State government, and 244,866 were employed by counties and municipalities.

Source: Employment and Payrolls - Industry Series - Maryland 2009, Division of Workforce Development & Adult Learning, Department of Labor, Licensing, and Regulation.

Maryland Constitutional Offices & Agencies
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Maryland at a Glance


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 Maryland Manual On-Line, 2011

August 9, 2011   
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