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Listen "Baltimore's Booming Tech Scene: Salaries, Growth, and Opportunities"
Episode Synopsis
The job market in Baltimore is experiencing significant growth, particularly in the tech sector. The city's tech scene is expanding at a rate 6.8% faster than the national average, with strong focus areas in cybersecurity, healthcare IT, and software development. Tech workers in Baltimore are earning substantial salaries, with women in tech making 81% more than their non-tech counterparts and men earning 64% more.The employment landscape in Baltimore is robust, with the total labor force standing at 280,230 and 269,417 individuals employed. However, the unemployment rate in the broader Maryland area has increased to 3.1% as of April 2025. Despite this, the city added 2,300 total jobs in April, contributing to the overall growth.Major industries driving employment include professional and business services, which added 4,300 new jobs, and education and health services, which expanded by 8,100 positions. The city is home to 496 startups, with 312 located within Baltimore itself, further boosting job opportunities.Growing sectors include information security, computer occupations, and aerospace engineering, with these areas expected to continue their growth trend. Cybersecurity, SaaS development, and healthcare technology are particularly hot, having received significant venture capital funding in 2023.Recent developments highlight the city's attractiveness for both new graduates and seasoned professionals, with average tech salaries ranging from $91,000 for entry-level positions to over $110,000 for experienced roles.While there is limited data on seasonal patterns and commuting trends, the overall job market evolution indicates a strong and expanding economy. Government initiatives likely play a role in supporting this growth, though specific details are not readily available.Key findings include the robust growth in tech jobs, the strong performance of major industries, and the attractive salary ranges for tech professionals.Current job openings include positions such as Cybersecurity Engineer, Data Analyst, and Software Developer, reflecting the demand in these growing sectors.In conclusion, Baltimore's job market is vibrant and expanding, especially in the tech sector, making it an attractive location for job seekers in various fields.This content was created in partnership and with the help of Artificial Intelligence AI
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