Delaware jobless rate unchanged at 6.8 percent

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Delaware’s seasonally adjusted unemployment for October remained unchanged at from September at 6.8 percent. That was a full percent below the national rate of 7.9 percent during the same month.

Click on the link below for the full report from the Delaware Department of Labor:

October jobless report for Delaware

At the same time, job growth remained well below the national rate as manufacturing and other categories that showed growth elsewhere remain stagnant.

The number of unemployed in the state was 29,800, compared to 32,300 in October 2011. The U.S. unemployment rate was 7.9 percent in October 2012, up from 7.8 percent in September 2012. In October 2011, the U.S. unemployment rate was 8.9 percent.

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In October 2012, seasonally adjusted nonfarm employment was 416,200, up from 416,000 in September 2012.

The  increase  of 200 jobs was mainly due to government and retail trade.Since October 2011, Delaware’s total nonfarm jobs have decreased by a net loss of 1,600, a fall of -0.4 percent. Nationally,  jobs during that period increased 1.5 percent.

Over the past twelve months, the job gains in Delaware were in leisure and hospitality at 2,000, education and health at 1,700, and financial activities at 1,200. The largest over-the-year job losses were in Professional and Business Services at 2,700, construction at 2,300, and state government at 1,200.

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