Maryland Q1, 2019 Employment Statistics- 174,139 employers, up 0.8% from 172,774
- 2,657,584 employees, up 1.0% from 2,631,157
- $1,228 average weekly wage, up 1.6% from $1,209
- The average weekly wage is 3.7% above the national average
- The cost of living is 31.3% above the national average
Employer & Employee Growth
In the last year, the number of employers in the state increased by 1,365, which is an increase of 0.8%. The number of employees in Maryland increased by 26,427, an increase of 1.0%. During this same period, the average weekly wage increased by $19, an increase of 1.6%.
The number of private employers increased since last years' Q1. The number of private businesses increased by 1,346 or 0.8%. Growth in private businesses in Maryland grew slower than the national average of 3.0%. The number of employees in these businesses increased since last years' Q1, increasing by 23,088 or 1.1%. The growth in employees of private businesses in Maryland was slower than the national average of 1.7%.
The average weekly wage of employees of private businesses increased since last years' Q1. The averge weekly wage increased by $23 or 2.0%. Growth in average weekly wage of employees of private businesses in Maryland grew slower than the national average of 3.0%.
Leading Sectors
Businesses by Sector
The sector with the greatest number of businesses in the state is Professional services with 17.4% of the businesses in the state. The number of businesses in this sector increased by 2.3%. Other services (11.0%), which decreased by 1.4% and Retail trade (10.6%), which decreased by 0.4%, round out the 3 largest sectors.
Table: Sectors by Year-over-Year Qtly Business Change %
| Sector | Change Biz | % Change |
|---|---|---|
| Utilities | 31 | 16.9% |
| Manufacturing | 112 | 2.8% |
| Real estate and rental | 171 | 2.5% |
| Healthcare | 420 | 2.4% |
| Professional services | 684 | 2.3% |
| Educational services | 59 | 2.0% |
| Waste services | 194 | 1.6% |
| Transport and warehousing | 55 | 1.4% |
| Accommodation and food services | 100 | 0.8% |
| Construction | 119 | 0.7% |
| Arts and entertainment | 14 | 0.6% |
| Information | 5 | 0.2% |
| Agriculture and forestry | 1 | 0.2% |
| Company management | 1 | 0.1% |
| Finance and insurance | -29 | -0.3% |
| Retail trade | -75 | -0.4% |
| Other services | -275 | -1.4% |
| Wholesale trade | -248 | -2.4% |
| Mining and oil extraction | -11 | -11.3% |
Employees by Sector
The sector with the greatest number of employees in the state is Healthcare with 14.2% of the employees in the state, had an increase in employees of 1.3% in the last year. Retail trade (10.4%), decreased by 1.4% and Professional services (9.6%), increased by 2.4%, round out the top 3 sectors.Table: Sectors by Year-over-Year Qtly Employee Change %
| Sector | Employee Change | % Change |
|---|---|---|
| Agriculture and forestry | 713 | 15.2% |
| Company management | 1,416 | 5.2% |
| Manufacturing | 3,467 | 3.2% |
| Transport and warehousing | 2,344 | 2.8% |
| Educational services | 1,744 | 2.5% |
| Professional services | 6,023 | 2.4% |
| Waste services | 3,887 | 2.4% |
| Mining and oil extraction | 26 | 2.4% |
| Construction | 3,080 | 2.0% |
| Accommodation and food services | 4,099 | 1.8% |
| Wholesale trade | 1,513 | 1.8% |
| Healthcare | 4,905 | 1.3% |
| Other services | 146 | 0.2% |
| Retail trade | -3,969 | -1.4% |
| Real estate and rental | -901 | -2.0% |
| Finance and insurance | -2,380 | -2.6% |
| Information | -1,106 | -3.1% |
| Utilities | -304 | -3.1% |
| Arts and entertainment | -1,649 | -4.1% |
Average Weekly Wage by Sector
The sector that pays their employees the highest is Utilities paying $3,747per week compared with the state average of $1,198. Weekly wages in this sector rose by $461 or 14.0%. Company management ($3,007), rose by $33 or 1.1% and Finance and insurance ($2,526) increased by $61 or 2.5% round out the 3 largest sectors.Table: Sectors by Year-over-Year Weekly Wage Change %
| Sector | Wage Change | Change % |
|---|---|---|
| Utilities | $461 | 14.0% |
| Information | $243 | 12.2% |
| Arts and entertainment | $31 | 5.2% |
| Mining and oil extraction | $56 | 4.0% |
| Agriculture and forestry | $27 | 3.8% |
| Other services | $28 | 3.5% |
| Accommodation and food services | $14 | 3.3% |
| Professional services | $57 | 2.9% |
| Healthcare | $28 | 2.8% |
| Finance and insurance | $61 | 2.5% |
| Retail trade | $14 | 2.3% |
| Real estate and rental | $22 | 1.6% |
| Waste services | $9 | 1.1% |
| Company management | $33 | 1.1% |
| Construction | $5 | 0.4% |
| Wholesale trade | $4 | 0.2% |
| Educational services | $0 | 0.0% |
| Manufacturing | $-67 | -3.9% |
| Transport and warehousing | $-49 | -4.7% |
Leading Industries
Businesses by Industry
Each broad sector is made up of specific industries. In Maryland. the industry with the most businesses is Restaurants and other eating places with 5.8% of the businesses in the state (with 10,084 employing 181,148 workers). The Restaurants and other eating places industry had 106 more businesses, an increase of 1.1% in the last year. Computer systems design and related services (5.6% of businesses) added 282 businesses, an increase of 3.0% and Private households (4.2% of businesses) had 253 fewer businesses, a decline of 3.4% round out the 3 industries with the most businesses.Table: Top 7 Industries by Business Change %
| Industry | Business Chg | % Change |
|---|---|---|
| Tobacco manufacturing | 4 | 66.7% |
| Starch and vegetable oil manufacturing | 3 | 60.0% |
| Tire manufacturing | 1 | 50.0% |
| Commodity contracts dealing | 8 | 44.4% |
| Other performing arts companies | 4 | 44.4% |
| Communication and energy wire and cable mfg. | 3 | 42.9% |
| Other motor vehicle parts manufacturing | 3 | 33.3% |
Table: Top 7 Industries by Business Change #
| Industry | Business Chg | % Change |
|---|---|---|
| Computer systems design and related services | 282 | 3.0% |
| Other technical consulting services | 188 | 26.8% |
| Medical and diagnostic laboratories | 150 | 21.7% |
| Offices of real estate agents and brokers | 107 | 4.8% |
| Restaurants and other eating places | 106 | 1.1% |
| Commercial building construction | 95 | 8.4% |
| Management consulting services | 89 | 1.5% |
Employees by Industry
Computer systems design and related services (5.6% of employees) added 282 employees, an increase of 3.0% and Private households (4.2% ofemployees) had 253 fewer employees, a decline of 3.4% round out the 3 industries with the most employees.Table: Top 7 Industries by Employee Change %
| Industry | Emp Chg | % Change |
|---|---|---|
| Other farm product raw material merch. whls. | 106 | 567.3% |
| Credit bureaus | 240 | 280.3% |
| Other performing arts companies | 97 | 148.6% |
| Computer and peripheral equipment mfg. | 132 | 87.0% |
| Advertising material distribution services | 47 | 78.7% |
| Postal service | 48 | 57.5% |
| Distilleries | 87 | 55.0% |
Table: Top 7 Industries by Employee Change #
| Industry | Emp Chg | % Change |
|---|---|---|
| Research and development in the physical engineering and life sciences | 3,449 | 12.8% |
| Restaurants and other eating places | 2,253 | 1.3% |
| Commercial building construction | 1,731 | 11.8% |
| Management of companies and enterprises | 1,416 | 5.2% |
| Engineering services | 1,361 | 4.1% |
| Office administrative services | 1,286 | 8.7% |
| General medical and surgical hospitals | 1,215 | 1.2% |
Average Weekly Wage by Industry
Computer systems design and related services ($6) and Private households ($4) round out the top 3 industries. Employees in the Computer systems design and related services ($6 per week) were paid $282 more per week, an increase of 3.0% and Private households ($4 per week) were paid $253 less per week, a decline of 3.4% round out the 3 industries that pay their employees the most.Table: Top 7 Industries by Wage Change %
| Industry | Wkly Chg | % Change |
|---|---|---|
| Other support activities for water transport. | $604 | 113.5% |
| Frozen food manufacturing | $354 | 87.6% |
| Footwear merchant wholesalers | $1,191 | 76.4% |
| Other basic inorganic chemical manufacturing | $963 | 46.1% |
| Advertising material distribution services | $271 | 37.8% |
| Material handling equipment manufacturing | $551 | 36.0% |
| Media representatives | $517 | 34.3% |
Table: Top 7 Industries by Wage Change $
| Industry | Wkly Chg | % Change |
|---|---|---|
| Miscellaneous intermediation | $1,524 | 26.9% |
| Electric power generation | $1,260 | 27.0% |
| Footwear merchant wholesalers | $1,191 | 76.4% |
| Other basic inorganic chemical manufacturing | $963 | 46.1% |
| Spectator sports | $681 | 30.8% |
| Software publishers | $627 | 25.3% |
| Other support activities for water transport. | $604 | 113.5% |
Company Size
Maryland Businesses by Size
The solopreneur company, has the most businesses in Maryland by far. 61.3% of all businesses in the state have fewer than 5 employees. The 162,559 small businesses in the state represent 95.3% of all private businesses. The national average is 92.9%. (Small businesses have fewer than 50 employees, Solopreneurs employ fewer than 5.) Maryland added 1,346 businesses in the last year, an increase of 0.8% as compared to the national average of 3.0%.Small businesses are defined as companies with fewer than 50 employees. These small businesses added 1,299 businesses in the last year, which is an increase of 0.8% as compared to the national average of 3.1%.
Mid-sized businesses are defined as companies with between 50 and 499 employees. These mid-sized businesses added 47 businesses in the last year, which is an increase of 0.6% as compared to the national average of 1.3%.
Large businesses are defined as companies with more than 500 employees. These large businesses added 0 businesses in the last year, which is an increase of 0.0% as compared to the national average of 2.1%.
Maryland Employees by Business Size
Maryland added 69,265 employees in the last year, an increase of 3.3% as compared to the national average of 5.2%. Small businesses are defined as companies with fewer than 50 employees. These small businesses added 22,694 businesses in the last year, which is an increase of 16.2% as compared to the national average of 4.2%.Mid-sized businesses are defined as companies with between 50 and 499 employees. Mid-sized businesses added 37,369 employees in the last year, which is an increase of 4.5% as compared to the national average of 4.7%.
Large businesses are defined as companies with more than 500 employees. Large businesses added 9,202 employees in the last year, which is an increase of 3.1% as compared to the national average of 9.2%.
Maryland Avg Weekly Wages by Business Size
The smallest companies in Maryland (those with fewer than 5 employees) pay workers 18.2% more than the national average ($1,228 per week as compared to the national average of $1,005 per week). The largest companies in Maryland (those with more than 1,000 employees) pay 22.2% workers below the national average ($1,565 per week as compared to the national average of $1,913 per week).Average weekly wages in small businesses added $123 per week in the last year, which is an increase of 3.0% as compared to the national average of 3.1%. Employees of mid-sized businesses added $148 in wages per week in the last year, which is an increase of 4.1% as compared to the national average of 1.3%.
Employees of large businesses added $-58 of weekly wages in the last year, which is an increase of -1.8% as compared to the national average of 2.1%.
Data Sources
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