Delaware’s jobless rate now matches national figure, breaking a 15 month steak


blankDelaware’s jobless rate now matches the national figure.

The seasonally adjusted unemployment rate in September rose to 3.5 percent from 3.4 percent in August.

The Delaware Department of Labor reported 17,200 unemployed Delawareans in September compared to 17,400 in September 2018.

The nation’s unemployment rate was 3.5 percent in September down from 3.7 percent in August.

In September 2018 the US unemployment rate was 3.7%, while Delaware’s rate was 3.6%.

In September, seasonally adjusted nonfarm employment was 469,100, up from 466,700 in August 2019. Since September 2018, Delaware’s total nonfarm jobs have increased by a net gain of 8,000, an increase of 1.7 percent.. Nationally, jobs during that period increased 1.4 percent.

blankFor the third consecutive month, Delaware’s unemployment rate has risen one-tenth of a point, the Labor Department noted.

The unemployment rate for September is 3.5 percent and is equal to where it was at the beginning of the year in January.

September ended a streak of 15 consecutive months of Delaware’s unemployment rate being below the US. While there are 600 more unemployed Delaware residents in September than there were in August, the number of unemployed is 200 less than a year ago.

The Current Employment Statistics (CES) survey of Delaware business establishments shows an increase of 8,000 jobs over the past 12 months, however much of the increase in employment has occurred in just the last two months.

Seasonally adjusted, jobs increased by 2,200 in August and by 2,400 in September with most of the gains in the past two months coming from Professional & Business Services and Leisure & Hospitality.

Over the past year, Delaware’s job increases are being led by Education & Health and Leisure & Hospitality.

Facebook Comments