Jobless rate unchanged in January at 4 percent

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Delaware’s seasonally adjusted unemployment rate in January 2020 stayed at 4 percent, unchanged from December 2019.

The Delaware Department of Labor reported  19,400 unemployed Delawareans in January 2020 compared to 17,100 in January 2019.

The US unemployment rate was 3.6 percent in January 2020, up from 3.5 percent  in December 2019. In January 2019 the US unemployment rate was 4  percent, while Delaware’s rate was 3.5 percent.

Employment changes by industry group

Sector

Jan. 2020

Dec. 2019

Over the Month Change

Over the Year Change

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Not seasonally adjusted

TOTAL NONAG. EMP.

468.4

465.9

2.5

4.1

CONSTRUCTION

23.1

22.5

0.6

0.0

MANUFACTURING

27.1

27.0

0.1

-0.4

Durable Goods

9.7

9.6

0.1

-0.2

Nondurable Goods

17.4

17.4

0.0

-0.2

TRADE, TRANSP., & UTIL.

82.5

82.3

0.2

0.9

Wholesale Trade

11.0

11.1

-0.1

0.2

Retail Trade

54.0

53.6

0.4

0.8

Transp. & Utilities

17.5

17.6

-0.1

-0.1

INFORMATION 

3.7

3.8

-0.1

-0.2

FINANCIAL ACTIVITIES

47.8

47.6

0.2

0.0

PROF. & BUS. SERVICES

63.3

62.2

1.1

0.4

EDUCATION & HEALTH

81.5

81.3

0.2

1.0

LEISURE & HOSPITALITY

53.1

53.2

-0.1

1.0

OTHER SERVICES

19.0

18.8

0.2

0.2

GOVERNMENT

67.3

67.2

0.1

1.2

Federal Government

5.9

5.7

0.2

0.2

State Government

33.3

33.4

-0.1

0.3

Local Government

28.1

28.1

0.0

0.7

page2image17210304The state’s jobless rate has been rising since the summer after falling to a three-decade low.

In January, seasonally adjusted nonfarm employment was 468,400, up from 465,900 in December 2019. Since January 2019, Delaware’s total nonfarm jobs have increased by a net gain of  4,100, an increase.  of 0.9 percent. Nationally, jobs during that period increased by 1.5 percent.
 

The report came without the typical commentary on employment trends in Delaware. Jobless figures are slated for a big increase in coming months as businesses shut down or reduce headcounts due to the effects of the coronavirus.

The effects are expected to be profound in the hospitality industry one of the leading drivers of job growth in the past couple of years.

A previous report indicated that the state was seeing a slowdown.

Jobless reports have been getting relatively little attention, even with the rise to 4 percent.

That is expected to change later this year as the effects of coronavirus make their way into figures. 

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