Baltimore Job Market Report

Baltimore's Evolving Job Market: Resilience Amid Dynamic Shifts


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The job market in Baltimore is characterized by a mix of stability and dynamic changes. As of December 2024, the unemployment rate in Baltimore City stood at 3.90%, which is relatively low compared to historical highs, such as the 12.10% rate in August 2010[1].

The employment landscape in Baltimore is diverse, with various sectors contributing to job growth. Baltimore County, for instance, saw a 7.3% increase in the number of private establishments from Q3 2023 to Q3 2024, although private employment remained stable with only a slight 0.1% decline in the average number of jobs. This indicates business growth but stable employment levels, reflecting shifts in workforce dynamics[4].

Key statistics show that Baltimore's job market is the seventh-strongest in the country, according to WalletHub. However, the city's socioeconomic factors score is relatively low. The median household income in the broader region, particularly in Columbia, is high, but this does not uniformly benefit Baltimore City[3].

Major industries driving job growth include healthcare and social assistance, which saw a 7% rise in employment in Baltimore County. Professional, scientific, and technical services also expanded, although with some job losses in specific areas like manufacturing and finance. Healthcare support and practitioners, as well as community and social services, have added significant jobs, aligning with industry trends[4].

Recent developments include Maryland adding 3,400 jobs in February 2025, with notable gains in construction, healthcare, and accommodation and food services. However, there were losses in sectors like government, professional services, and retail trade. Maryland's overall employment has expanded by 3.6% since January 2023, outpacing the national growth rate[5].

Seasonal patterns and commuting trends are not extensively detailed in recent data, but it is noted that the labor force in Baltimore County grew by 4,127 workers, indicating continued workforce participation. Government initiatives focus on creating an equitable and inclusive job market, ensuring safe and well-regulated workplaces, and supporting businesses with access to capital and a skilled workforce[5].

The market evolution in Baltimore is towards a more service- and technology-driven economy, with declining roles in manufacturing, administrative, and some manual labor sectors. High-paying fields such as management and computer-related roles continue to drive job growth.

Key findings include a strong job market with low unemployment, significant growth in healthcare and professional services, and challenges in job absorption in certain sectors.

Current job openings include positions in healthcare, such as nurses and healthcare practitioners, roles in professional and technical services, and jobs in the construction sector. For example, there are openings for registered nurses, software developers, and construction project managers.
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