Jobless rate holds steady at 4.1%

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Delaware’s seasonally adjusted unemployment rate in September 2023 was 4.1%, unchanged from August 2023, the state Department of Labor reported.

A total of 21,000 unemployed Delawareans were listed as jobless in September 2023 compared to 22,700 during the same month a year.

The nation’s unemployment rate was 3.8% in September 2023, unchanged from August 2023. In September 2022, the US unemployment rate was 3.5%, while Delaware’s rate was 4.6%. The gap between Delaware and national jobless rates has been narrowing with recent job growth topping the national figure.

In September 2023, seasonally adjusted nonfarm employment was 486,800, up from 483,600 in August 2023. Since September 2022, Delaware’s total nonfarm jobs have increased by 11,900, a rise of 2.5%. Nationally, jobs during that period increased by 2.1%.

Delaware’s seasonally adjusted nonfarm jobs reached the highest level ever, surpassing the previous high of 483,300 jobs in May 2023.

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Nonfarm seasonally adjusted jobs were 18,300 or 3.9 percent higher than before the pandemic. The Professional and Business Services industry led the over-the­ month increase in seasonally adjusted jobs at 2,300.

The Leisure and Hospitality industry had the greatest over-the-year increase in not­ seasonally adjusted jobs at 5,100.

The greatest over-the-month and over-the-year declines were in the Trade, Transportation, and utilities supersector, which showed a loss of 1,200 seasonally adjusted and 700 not-seasonally adjusted jobs, respectively, the labor department reported.

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