Delaware is one of a few states maintaining some degree of equilibrium in its workforce as others struggle with hiring, according to a new survey released by the financial website WalletHub.
The ranking does not mean Delaware employers are exempt from a nationwide labor shortage. Still, a comparison with other states showed Delaware faring better than most.
In the report “2022’s States Where Employers are Struggling the Most with Hiring,” Delaware ranks second among all the states with easier access to talent and recruitment.
WalletHub compared job openings for the month before the survey with the same metric for the previous year. In Delaware, 4.8% of jobs were open in the previous month, compared with 6.23% in 2021.
In highlighting the report, the Delaware Prosperity Partnership noted that the state’s success results from the quality of the state’s workforce and a convenient location along the Interstate 95 corridor. In addition, Delaware draws from more than 100 nearby universities, medical schools, community colleges and Ivy League institutions.
The DPP took note of the state’s Financial Center Development Act, bringing banking and financial technology jobs to the state and the state’s strengths in chemistry and life sciences.
Delaware has the fourth-highest concentration of employed science, engineering, and health PhDs in the nation.
DPP also pointed to the recently launched Delaware Lab Space Grant program, which allows the state to grow as a hub for lab-based manufacturing and research.
The Delaware Prosperity Partnership is a public-private economic development organization.
