Feb 12 2025 3 mins
The job market in Baltimore is experiencing significant growth and development, particularly in the tech sector. By 2025, Baltimore's tech scene is expected to create 52,000 jobs and generate a $4.2 billion economic impact by 2030, driven by over 400 startups and strong partnerships with universities and research institutions.
The employment landscape in Baltimore is robust, with tech salaries ranging from $91,000 for entry-level roles to over $110,000 for experienced positions. Key sectors include cybersecurity, healthcare IT, and software development, with network administrators, QA engineers, and security analysts being among the highest-paid roles. Cybersecurity is particularly thriving, with a 33% projected growth by 2025 and salaries starting around $102,000.
As of December 2024, the unemployment rate in Baltimore stands at 3.90%, down from 4.50% the previous month and significantly lower than the long-term average. Maryland as a whole added 38,400 jobs in 2024, with a 1.4% employment growth rate, and maintains one of the lowest unemployment rates in the nation at 3.1%.
Major industries driving job growth include the public sector, retail trade, healthcare and social assistance, professional and scientific services, finance and insurance, and the information sector. Employers such as Johns Hopkins and major tech companies are significant contributors to the job market. The city's strategic location near major government agencies also enhances its appeal for tech careers.
Recent developments highlight the city's focus on AI, biotechnology, and cybersecurity. Educational initiatives from the University of Maryland and various tech training programs support the influx of new talent. Remote work options are available for about 30% of cybersecurity positions, adding flexibility to the job market.
Seasonal patterns show fluctuations in unemployment rates, but overall, the trend is downward. Commuting trends are not specifically detailed in recent data, but the city's infrastructure supports a mix of local and commuting workers.
Government initiatives play a crucial role in Baltimore's job market evolution. Federal investments and partnerships with educational institutions are key drivers of the tech ecosystem. The city's selection as a federal Tech Hub focused on AI and biotechnology further boosts its tech sector.
In conclusion, Baltimore's job market is strong, especially in tech and cybersecurity, with low unemployment rates and significant job creation projected. Here are a few current job openings that reflect the market's demand:
- **Network Administrator**: Salaries range from $92,000 to $108,000, with roles involving network management and security.
- **Security Analyst**: Salaries range from $120,000 to $141,000, focusing on cybersecurity and threat analysis.
- **Data Scientist**: Salaries can reach up to $154,850, involving roles in data analysis and AI.
These positions underscore the city's vibrant and growing tech industry.
The employment landscape in Baltimore is robust, with tech salaries ranging from $91,000 for entry-level roles to over $110,000 for experienced positions. Key sectors include cybersecurity, healthcare IT, and software development, with network administrators, QA engineers, and security analysts being among the highest-paid roles. Cybersecurity is particularly thriving, with a 33% projected growth by 2025 and salaries starting around $102,000.
As of December 2024, the unemployment rate in Baltimore stands at 3.90%, down from 4.50% the previous month and significantly lower than the long-term average. Maryland as a whole added 38,400 jobs in 2024, with a 1.4% employment growth rate, and maintains one of the lowest unemployment rates in the nation at 3.1%.
Major industries driving job growth include the public sector, retail trade, healthcare and social assistance, professional and scientific services, finance and insurance, and the information sector. Employers such as Johns Hopkins and major tech companies are significant contributors to the job market. The city's strategic location near major government agencies also enhances its appeal for tech careers.
Recent developments highlight the city's focus on AI, biotechnology, and cybersecurity. Educational initiatives from the University of Maryland and various tech training programs support the influx of new talent. Remote work options are available for about 30% of cybersecurity positions, adding flexibility to the job market.
Seasonal patterns show fluctuations in unemployment rates, but overall, the trend is downward. Commuting trends are not specifically detailed in recent data, but the city's infrastructure supports a mix of local and commuting workers.
Government initiatives play a crucial role in Baltimore's job market evolution. Federal investments and partnerships with educational institutions are key drivers of the tech ecosystem. The city's selection as a federal Tech Hub focused on AI and biotechnology further boosts its tech sector.
In conclusion, Baltimore's job market is strong, especially in tech and cybersecurity, with low unemployment rates and significant job creation projected. Here are a few current job openings that reflect the market's demand:
- **Network Administrator**: Salaries range from $92,000 to $108,000, with roles involving network management and security.
- **Security Analyst**: Salaries range from $120,000 to $141,000, focusing on cybersecurity and threat analysis.
- **Data Scientist**: Salaries can reach up to $154,850, involving roles in data analysis and AI.
These positions underscore the city's vibrant and growing tech industry.