Maryland unemployment falls to second-lowest in the country

Maryland’s unemployment rate in July fell to 1.8%, tying Vermont for the second-lowest state unemployment in the nation.

Only New Hampshire registered a lower July jobless rate, at 1.7%, according to the U.S. Bureau of Labor Statistics.

Virginia’s unemployment rate fell to 2.5% in July, tied for 10th-lowest with Montana and Massachusetts.

A year earlier, Maryland’s unemployment rate was 3.2%, and Virginia’s July 2022 unemployment rate was 2.6%.

Maryland and Virginia both saw the second-largest monthly change in their unemployment rates, both falling 0.2% from June.

Maryland also had the largest year-over-year decrease in unemployment, 1.4% lower than July 2022.

Nevada had the highest state unemployment rate in July, at 5.3%.

The national unemployment rate in July was 3.5%, with 23 states reporting unemployment rates lower than that.

The Bureau of Labor Statistics posts monthly state unemployment rates and changes in payrolls online.

Jeff Clabaugh

Jeff Clabaugh has spent 20 years covering the Washington region's economy and financial markets for WTOP as part of a partnership with the Washington Business Journal, and officially joined the WTOP newsroom staff in January 2016.

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