Targeted Employment Area: Allegany County, Maryland

Created on 8/19/2017 1:52:28 AM (GMT)(GMT)

UPDATE: The Bureau of Labor Statistice release 2016 unemployment averages for Allegany County in April.

The sections below outline two sets of Local Area Unemployment Statistics (LAUS) for Allegany County Maryland and the EB-5 program. The ACS 5-Year is from the American Community Survey and the more recent data provided by the project's city, Allegany County, Maryland to the Bureau of Labor Statistics. In the report below, if the "Qualifies" column indicates "Yes" , then Allegany County qualifies by either the ACS or the BLS (or both). Please note that if the ACS data qualifies and the more recent BLS data indicates does not, there is an indication that employment conditions are improving and that a project in Allegany County may not be granted a designation letter -- or depending on project type, target areas, and Maryland requirements, an EB-5 project may considered by either ACS or BLS unemployment rate during the approval processes.

Allegany County Maryland Employment Status

Source County FIPS Population Labor Force Employed Unemployed Unemployment Rate Qualifies
ACS 24001 62,134 33,109 29,810 3,299 10% Yes
BLS 24001 n/a 32,427 30,464 1,963 6.1% No

Supporting EB-5 Regional Centers

These EB-5 Regional Centers can assist you for projects in Allegany County Maryland. We have a growing network of EB-5 companies and professionals who are ready to assist you. Please contact us so that we may guide prior to engaging a centers who support Allegany County.

Allegany County, Maryland

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