June 16, 2015

County Has Lowest Unemployment Rate in Seven Years

The Maryland Department of Labor, Licensing, and Regulation (DLLR) and the U. S. Bureau of Labor Statistics have reported that Montgomery County's unemployment rate in April 2015 was 3.7 percent, marking the first time it has been below 4 percent since December 2008, when it was 3.8 percent. The last time the rate was at 3.7 percent was in October and November 2008.

Montgomery and Howard County tied for the lowest rates in Maryland.

The Department of Economic Development (DED) has numerous services, resources and initiatives to help local businesses succeed. For more information on business opportunities within the County go to DED’s website.

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