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Prince George’s County created 6,175 net new jobs
Upper Marlboro, MD - Recently released data from the State of Maryland’s Department of Labor, Licensing and Regulation (DLLR) shows that Prince George’s County added over 6,100 jobs from the 3rd Quarter of 2016 to the 3rd Quarter of 2017. This is the fifth consecutive DLLR quarterly report in which Prince George’s County has led the State of Maryland in total new job growth over the previous year. Prince George’s County’s 1.97% rate of job growth was more than double the 0.86% of the State of Maryland. Howard County was second in the State of Maryland with 1.27% job growth rate and Baltimore City was third highest with a 1.26% job growth rate.
“No one would have imagined when I took office that Prince George’s County would lead the state of Maryland in job growth for five consecutive reporting quarters” said Prince George’s County Executive Rushern L. Baker, III. “Our success is based on a series of specific strategies and policies that we implemented to reform the way Prince George’s County does business with the private sector and through our collaborations with our partners in the Prince George’s County business community, the Prince George’s County Council, the Prince George’s County General Assembly Senate and House delegations, and the Prince George’s County Congressional delegation. I want to thank my economic development team for their outstanding efforts to provide Prince Georgians with opportunities to work in our own County.”
A summary of the County’s job growth achievements based on DLLR's data is outlined below:
Beyond the data and numbers, Prince George’s County also had several economic development and job growth successes recently. In February, Giant Food announced relocating their headquarters from Pennsylvania back to Prince George’s County and, last week, cyber security company, ID Agent, announced moving their headquarters from Washington, DC to Bowie, MD. Additionally, Bowie-based healthcare technology company, Inovalon acquired Minneapolis based ABILTY Network. Next month, Prince George’s County will celebrate the Grand Opening of Futurecare that will continue to grow “Downtown Largo” with the first new free-standing rehabilitation facility coming to Prince George’s County in more than 20 years. Futurecare will bring 150 new beds to patients and 220 new jobs to the County’s healthcare epicenter as the nearby University of Maryland Capital Region Medical Center is actively being built.
In addition, our award winning Economic Development Incentive Fund (EDI Fund) continues to support business investment in Prince George’s County. Susan Gage Caterers, an EDI Fund recipient, at the end of this month will receive a major award from the Maryland Economic Development Association (MEDA). And last month, the Washington Business Journal announced their top 25 real estate business deals of 2017. Deals in Prince George’s County accounted for 20% (5) of WBJ’s list, the most ever for the County in the 20 year history of this list. The Prince George’s County business deals highlighted as best in the Capital Region are:
Shown below are the job numbers and growth rates for the State of Maryland and the largest jurisdictions:
3rd Quarter Jobs Data
Source: DLLR, April 6, 2018