Maryland small business owners celebrated positive economic news in late August, as employers added 9,200 jobs in July.
“The fact that this is yet another increase from the previous reports that have been released so far this year just gives you a sense that momentum is building,” said Gary Keith, regional economist for M&T Bank.
Overall, the state’s unemployment rate hovered at 5.2 percent in July, which remains unchanged since June.
“It’s great to see we’re adding jobs in Maryland. With every business that relocates, expands or starts up in Maryland, it brings jobs,” said the Secretary of the Maryland Department of Labor, Licensing and Regulation Kelly M. Schulz. “It’s a catalyst for other businesses to come here, and that means more jobs and more Marylanders getting back to work. That builds a stronger economy for the State of Maryland.”
The industry that benefited the most? Professional and business services, which added 7,900 jobs, according to the Maryland Department of Labor, Licensing and Regulation.
