Delaware sees hints of stronger job recovery

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Delaware is showing signs of a more robust recovery from the coronavirus pandemic, although it lags in its long-term turnaround, the financial advice website, WalletHub reported.

Delaware was one of 18 states where the number of unemployment claims was lower than before the pandemic. The state had seen a slowdown of its economy before the onset of Covid 19 in  2020.

In WalletHub’s most recent report, the state’s weekly decline in jobless claims was the 13th highest in the nation.

Below is an interactive map that shows the ranking of the 50 states and the District of Columbia.

Source: WalletHub

Delaware still ranks 49th out of the 50 states in its long-term recovery based on WalletHub comparing figures from certain “benchmark”  weeks during the pandemic.

Despite the sometimes sluggish recovery rate in Delaware, the state’s unemployment rate ranks near the national average.

Delaware , like most states, is facing a labor shortage that is holing back its recovery.

Click here for the full report from WalletHub.

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