Eye on the Economy: A Look at Maryland and the Regional Economy in May 2026

• The most recent job report reveals that between April 2026 and May 2026, Maryland gained 5,100 Total Nonfarm jobs.
• The official unemployment rate for Maryland held at 4.4 percent.

'Got to compensate': Marylanders finding ways to save money amid highest inflation in 3 years
WBALTV, May 13, 2026

Inflation in the United States reached the highest level in three years in April, according to data released by the U.S. Bureau of Labor Statistics. This has resulted in challenges for many Maryland shoppers, especially as gas prices have skyrocketed following military action in Iran. RESI Chief Economist Daraius Irani pointed to these increased energy costs as the driver of overall inflation, and noted that even if the war ended soon, it would likely take months for prices to drop.