Eye on the Economy: A Look at Maryland and the Regional Economy in December 2023

• The most recent jobs report showed that in December 2023, Maryland lost a total of 3,000 jobs.
• The state’s unemployment rate increased to 1.9 percent.

According to the most recent report from the Bureau of Labor Statistics (BLS), Maryland lost a total of 3,000 Total Nonfarm jobs in December 2023. This was the result of a loss of 3,300 Total Private jobs, partially offset by a gain of 300 Total Government jobs. In addition, the unemployment rate increased to 1.9 percent in December.