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October 2013 DIVISION OF WORKFORCE DEVELOPMENT AND ADULT LEARNING Office of Workforce Information and Performance Carolyn J. Mitchell, Director 1100 N. Eutaw Street, Room 316 Baltimore, MD 21201 410-767-2250 Email: [email protected] Issued: December 2013 www.dllr.maryland.gov/lmi Note: Due to the partial shutdown of the federal government the September Monthly Labor Review, which would have disseminated preliminary September data was not published. Instead, final September data is included with the publication of the October Monthly Labor Review. The October review includes a summary analysis of results for September 2013 as well (over-the-month and over- the-year), in addition to the analysis of October over-the-month and over-the-year change.

October 2013 - MWEJobs€¦ · Instead, final September data is included with the publication of the October Monthly Labor Review. The October review includes a summary analysis of

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Page 1: October 2013 - MWEJobs€¦ · Instead, final September data is included with the publication of the October Monthly Labor Review. The October review includes a summary analysis of

October 2013

DIVISION OF WORKFORCE DEVELOPMENT AND ADULT LEARNING

Office of Workforce Information and Performance

Carolyn J. Mitchell, Director

1100 N. Eutaw Street, Room 316

Baltimore, MD 21201

410-767-2250

Email: [email protected] Issued: December 2013

www.dllr.maryland.gov/lmi

Note: Due to the partial shutdown of the federal government the September Monthly Labor Review, which would have disseminated preliminary September data was not published. Instead, final September data is included with the publication of the October Monthly Labor Review. The October review includes a summary analysis of results for September 2013 as well (over-the-month and over-the-year), in addition to the analysis of October over-the-month and over-the-year change.

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PRESS RELEASE

Maryland Private Sector Gained 600 Jobs in October

Jobs added despite government shutdown and default threat

BALTIMORE, MD (November 22, 2013) – The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) released state jobs and unemployment data earlier today. Due, in part, to the ongoing uncertainty created by the sequester, the 16-day federal government shutdown and the threat of an unprecedented national economic default, Maryland lost jobs in September and October.

In September, total employment fell over-the-month by 8,500 jobs, which included a private sector decline of 4,300 jobs. According to the preliminary survey data, Maryland lost 400 total jobs in October and the private sector increased by 600 jobs. The Public sector declined by 1,000 jobs from September to October.

Compared with the same time last year, Maryland jobs are up by 21,900. Our private sector employers have added 23,000 jobs since October 2012. Private sector jobs are at their highest level for the month of October since 2007.

Maryland's October preliminary unemployment rate was estimated to be 6.7 percent -- unchanged from September, and more than 8 percent below the national unemployment rate of 7.3 percent.

Oct 12 Nov Dec Jan 13 Feb Mar Apr May June July Aug Sept Oct

MD 6.8% 6.7% 6.7% 6.7% 6.6% 6.6% 6.5% 6.7% 7.0% 7.1% 7.0% 6.7% 6.7%

US 7.9% 7.8% 7.8% 7.9% 7.7% 7.6% 7.5% 7.6% 7.6% 7.4% 7.3% 7.2% 7.3%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

Seasonally Adjusted Unemployment Rates - Maryland and US

October 2012 through October 2013

―Maryland is home to thousands of federal civil servants and federal contractors who had to put their businesses on hold because of the government shutdown in Washington,‖ said Maryland Labor Secretary Leonard Howie. ―Because of the choices we’ve made, we’re seeing better results in Maryland. Although we still have work to do, we have made progress, empowering Maryland’s employers to be more resilient and begin hiring again. The Maryland Department of Labor remains focused on accelerating hiring and job growth as we continue to recover together.‖

In the private sector, the Leisure and Hospitality sector added 1,800 jobs in October—the most of any sector –and the Accommodations and Food Services subsector gained 2,100 jobs. The Natural Resources, Mining and Construction sector gained 1,500 jobs. The Education, Health Care & Social Assistance sector added 900 jobs and the Educational Services subsector increased by 2,300 jobs. The Financial Activities sector expanded by 200 jobs.

The Department of Labor, Licensing and Regulation protects and empowers Marylanders by safeguarding workers, protecting consumers, providing a safety net and cultivating a thriving workforce that can meet the demands of Maryland's dynamic economy. For updates and information, follow DLLR on Twitter (@MD_DLLR), Facebook and visit our website . Get more information on EARN Maryland.

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TABLE OF CONTENTS

Civilian Labor Force, Employment and Unemployment by Place of Residence 1 County Unemployment Rates 2 City Unemployment Rates 3 Maryland Nonagricultural Payroll Employment (Seasonally Adjusted) 5 Maryland Nonagricultural Payroll Employment 6 Regional Nonagricultural Payroll Employment 8 Business News 12 Glossary of Terms 13 Unemployment Compensation 14 Market Indicators 14

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Local Unemployment Ranking - October 2013 (not seasonally adjusted)

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BUSINESS NEWS

Canton Crossing center in southeast Baltimore opens The new Baltimore City retail development opened 20 of 28 planned stores and restaurants through the end of October, with the remainder to open between November and March. A fast food restaurant and a specialty retailer were already in business. A Target store which opened in early October will be the largest retail store within city limits.

Annapolis Pediatrics opens new clinic in Crofton The healthcare provider recently opened its third Anne Arundel County location (and fourth clinic) on Crofton Blvd. The practice is open seven days a week and has a staff of 26.

Redevelopment of Carrollton Mall in Eldersburg set to begin The transformation of the Carroll County shopping mall into a new Eldersburg Commons retail center is underway. The 290,000 sq. ft. center, expected to open fall 2014, will include a Walmart Supercenter and more than a dozen stores, as well as restaurants and fast-food eateries. The project is expected to create 221 temporary construction jobs and more than 630 permanent positions.

Ground broken for Prospect Hall Apartments in Frederick Development was recently begun for a 376-unit garden-style rental complex in Frederick County. The luxury apartment development, slated for completion in summer 2014, will include a clubhouse and pool.

TIC Gums expands its Belcamp operations The Harford County food processor recently opened a new warehouse and operations center next to its headquarters and manufacturing facilities. TIC Gums produces hydrocolloids—plant derivatives which are added to many food products to improve their texture and consistency. The company has plans to expand its local workforce. TIC also has a research and development facility in White Marsh.

New restaurants and retailers opening at Turf Valley Towne Square in Ellicott City The Howard County shopping center is set to add eight new businesses by November. Five new restaurants opening include Facci, Grille 620, Xitomate, Red Parrot, and Mimi’s Kabobs. New retailers will include Inspire (hair salon), Smyth (jewelry), and Petite Cellars (beer, wine, and liquor).

Construction to begin on apartment complex near Rockville Ground was recently broken at the Park Potomac mixed-use development off Seven Locks and Montrose Roads in Montgomery County for a two-building apartment community. The five-story buildings will include about 9,200 sq. ft. of retail space and nearly 300 apartment units. Occupancy is projected for February 2015. CarMax opens in Brandywine The used car retailer opened a new dealership in southern Prince George’s County in early November. CarMax expects to employ about 60 full and part time workers in sales, office, and service operations.

FedEx Ground hub in Hagerstown adding seasonal and permanent employees The Washington County shipper plans to add hundreds of part-time holiday season package handlers to its current workforce of about 800. The FedEx hub, which is undergoing an expansion from 620,000 sq. ft. to 800,000 sq. ft. of operating space, expects some of those workers to transition to permanent status as the expanded facility is completed in 2014. The company estimates that its workforce will number 1,200 or more at completion.

Construction underway on new retail building in Berlin The Rte. 50 site under development in Worcester County will be the location for a new retail complex expected to be completed in January and open for business next spring. Five tenants are set to occupy the 15,000 sq. ft. building.

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GLOSSARY OF TERMS

Nonagricultural payroll employment Employment data referring to persons on establishment payrolls who receive pay for any part of the pay period which includes the 12th of the month. Persons are counted at their place of work rather than at their place of residence; those appearing on more than one payroll are counted on each payroll. Establishments are classified in an industry on the basis of their principal product or activity in accordance with the most recent North American Industry Classification System Manual.

Civilian labor force All persons 16 years and over in the civilian noninstitutional population classified as either employed or unemployed.

Employed persons All persons who, during the reference week (the week including the 12th day of the month), (a) did any work as paid employees, worked in their own business or profession or on their own farm, or worked 15 hours or more as unpaid workers in an enterprise operated by a member of their family, or (b) were not working but who had jobs from which they were temporarily absent because of vacation, illness, bad weather, childcare problems, maternity or paternity leave, labor-management dispute job training, or other family or personal reasons, whether or not they were paid for the time off or were seeking other jobs. Each employed person is counted only once, even if he or she holds more than one job.

Unemployed persons All persons who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment some time during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.

Unemployment rate The ratio of unemployed to the civilian labor force expressed as a percent.

Seasonal adjustment A statistical technique that eliminates the influences of weather, holidays, the opening and closing of schools, and other recurring seasonal events from economic time series. This permits easier observation and analysis of cyclical, trend, and other nonseasonal movements in the data.

Consumer Price Index (CPI) An indicator representing a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

Initial claims Any notice of unemployment filed (1) to request a determination of entitlement to and eligibility for compensation or (2) to begin a second or subsequent period of eligibility within a benefit year or period of eligibility.

Continued weeks claimed Number of weeks of benefits claimed, including weeks for which a waiting period or fixed disqualification period is being served.

Weeks compensated represent the number of weeks claimed for which benefits are paid.

Exhaustions Number of claimants drawing the final payment of their original entitlement for a given program.

For additional labor market information definitions, go to www.dllr.state.md.us/lmi/glossary.shtml

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