Md. unemployment rate dropped to 4% in December

Maryland’s unemployment rate dropped to 4% in December 2022, according to preliminary data released Tuesday by the U.S. Department of Labor’s Bureau of Labor Statistics. The department also announced that the state’s number of total jobs remained effectively stagnant, decreasing by just 200. The mining, logging and construction sector experienced the most growth with an increase of 2,200 jobs. Other sectors adding jobs include other services (1,600), education and health services (1,100), and government (400). Sectors that experienced a decline were professional and business services (1,200), trade, transportation and utilities (1,200), information (1,000), financial activities (800), manufacturing (700), and leisure and hospitality (600).