MARYLAND AT A GLANCE

ECONOMY

EMPLOYMENT

[photo, Baltimore Farmers' Market, Holliday St. and Saratoga St., Baltimore, Maryland]
  • Job Fairs
  • Local Employment Agencies
  • Maryland Workforce Exchange
    • Baltimore Farmers' Market, Holliday St. & Saratoga St., Baltimore, Maryland, November 2007. Photo by Diane F. Evartt.

    Employers

    Job Service

    State Jobs

    Unemployment Insurance

    Unemployment Rates

    Wages

    Workforce

    [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.

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

    Information about employment within State government agencies is available from the Office of Personnel Services and Benefits of the Department of Budget and Management. Those agencies employing the most workers include the Department of Public Safety and Correctional Services; the Department of Transportation; the Department of Health and Mental Hygiene; and the Department of Human Resources.

    In 2015, Maryland ranked 1st nationally in concentration of information technology businesses, which constituted 8.5% of the private sector. The State also ranked 4th in concentration of technology jobs with 8.6% of private sector workers employed in the industry. In Maryland, the average annual wage for employees in this field is $104,659.

    In 2014, Maryland ranked second in the nation in the fields of technology and science, as well as 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. Some 13,879 high-tech companies were located in Maryland as of 2015 with a payroll of $19 billion.

    [photo, Under Armour headquarters, Baltimore, Maryland]

    EMPLOYERS

  • Major Employers by County

    • Approximately 81% of those working in Maryland are employed by the private sector, while federal, State, county and municipal governments employ 19% of the workforce.

    Under Armour headquarters, Baltimore, Maryland, April 2015. Photo by Sarah A. Hanks.

    [photo, Domino Sugar plant and cargo ship, Baltimore, Maryland] In 2015, the University System of Maryland was the largest private employer in Maryland. The System employs 38,490 faculty and staff. Other leading employers in the State include The Johns Hopkins University; Johns Hopkins Hospital; University of Maryland Medical System; Walmart; and MedStar Health.

    Domino Sugar plant and cargo ship, Baltimore, Maryland, April 2015. Photo by Sarah A. Hanks.

    [photo, DAP world headquarters, Baltimore, Maryland] In 2015, Maryland had more than 165,754 businesses that employed over 2.1 million workers with an annual payroll of over $115 billion. Corporate headquarters of well-known businesses, such as Black & Decker, McCormick, Lockheed Martin, Under Armour, Choice Hotels, DAP, and Goetze's Candy are 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.

    In 2015, government employees in Maryland numbered 485,685. Of these, 144,128 were federal workers, 98,833 worked for State government, and 242,724 were employed by county and municipal governments.

    DAP world headquarters, Baltimore, Maryland, May 2015. Photo by Sarah A. Hanks.

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