WILMINGTON, Del. — The Delaware Division of Labor launched its Annual Financial Report – a complete have a look at the state’s financial system and workforce. Free and accessible to the general public, the report will be downloaded on-line at de.gov/AnnualReport and highlights unemployment, wages by business, metropolis and county employment and labor drive participation knowledge.
“Delaware Division of Labor’s Workplace of Occupational and Labor Market Info offers us with precious knowledge that may assist policymakers, companies, researchers, and the general public make data-driven choices to make Delaware a greater place to reside, work and run a enterprise,” stated Labor Secretary LaKresha Moultrie. “This yr’s report highlights Delaware’s sturdy job progress and an annual unemployment fee that ticked decrease than the nationwide fee.”
Just a few highlights from this yr’s report:
• For the primary time since 2020, Delaware’s annual unemployment fee at 3.7 % was decrease than the nationwide fee of 4.0 %.
• Over-the-year complete employment grew in Wilmington, Newark and Dover.
• Common complete jobs in every county grew from the prior yr: New Fortress (2,000 or 0.6 %), Kent (600 or 0.8 %) and Sussex (2,500 or 2.7 %).
• Delaware noticed essentially the most new residents from Pennsylvania than another state.
• The Finance, Insurance coverage, Actual Property, Rental, and Leasing Trade led all industries in GDP to the State, comprising 41.2 % of Delaware’s complete GDP.
• Delaware’s annual labor drive participation fee was the bottom since document preserving started in 1976 at 59.6 %.
###
