Delaware jobless rate holds steady at 4.4%

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Delaware’s seasonally adjusted unemployment rate in December 2022 stood at 4.4%, unchanged from November, the Delaware Department of Labor. The state’s jobless rate remained well above national numbers.

The department reported 21,700 unemployed Delawareans in December compared to 23,900 in December 2021.

The nation’s unemployment rate was 3.5% in December 2022, down from 3.6% in November 2022. In December 2021, the U.S. unemployment rate was 3.9%, while Delaware’s rate was 4.8%.

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In December 2022, seasonally adjusted nonfarm employment was 461,300, down from 463,000 in November 2022. 

Since December 2021, Delaware’s total nonfarm jobs have increased by 6,600, up 1.4%. Nationally, jobs during that period increased at a faster 2.9% rate.

A factor in the latest figures was a decline in the labor participation rate – those employed or looking for jobs.

The 60.2% figure was the second lowest since 1976.

Pay gains overall remained weak, up 1.7% from a year ago as inflation shrunk buying power.

A couple of categories bucked the trend, with business services up nearly 6% and trade, transportation and utilities rising nearly 8%

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