$12.4B Frederick County’s Gross Domestic Product
BY THE
Numbers T W O - T H O U S A N D
T W E N T Y
Job Growth 106k
6.1%
104k
Frederick County’s Unemployment Rate
102k
Maryland 7.3%, National 7.9%
100k
106,266 People Employed in Frederick County
98k 2015
2016
2017
Frederick County ended 2019 with 106,266 jobs, representing 5,867 additional jobs since 2015 and an overall increase of 5.8% over the past five years. Maryland’s five-year job growth rate was 3.8% during the same time frame. Frederick County added 2,178 jobs from 4Q-2018 to 4Q-2019, representing an increase of 2.1%. As of 4th quarter 2019, there were 6,594 businesses in Frederick County, representing 201 net new businesses since 2015.
6 TOP50x 2
2018
2019
6,594 Businesses in Frederick County