The Bureau of Labor Statistics released monthly jobs numbers today and Maryland’s private sector continues to lead Maryland’s jobs recovery. Here’s what the numbers tell us:
In the first three months of 2013, Maryland led the region in job creation. Together with Maryland’s businesses, we created 22,000 new jobs in the first quarter of the year at the 4th fastest rate in the nation. Maryland’s dynamic private sector led our job growth creating 9 out of every 10 of our new jobs at the 5th fastest rate in the nation.
Working together, we drove down Maryland’s unemployment rate to a four-year low and brought Maryland’s private sector employment to its highest level in nearly five years. And we have recovered 97% of the jobs lost in the Bush recession.