Unemployment rates rise in Maryland

Unemployment rates in October were higher than in September in 24 states, including Maryland and Virginia.

The Bureau of Labor Statistics reports that the October unemployment rate in Maryland was 4.5%, an increase from 4% in September, but still lower than the unemployment rate of 5.7% in October 2021.

Virginia’s unemployment rate rose from 2.6% to 2.7%, but was down from 3.4% a year earlier. Virginia’s unemployment rate is among the lowest unemployment rates in the state.

Minnesota and Utah tied for the lowest October unemployment rate at 2.1%, followed by North Dakota and Vermont at 2.3% each.

Illinois and Nevada had the highest state unemployment rates, at 4.6%. Compared to the states, the District of Columbia would have the highest, at 4.8% in October.

Maryland has gained 58,000 jobs in the last year for a job growth rate of 2.2%. Virginia has gained 127,600 jobs, for a job growth rate of 3.2%.

The Bureau of Labor Statistics publishes monthly state unemployment rates and annual payroll earnings online.