DE job growth lags behind neighboring states, US in 2017

rob-carson

Delaware’s unemployment rate dropped by a tenth of a percent last month, adding 100 jobs.

State economists say that while the US and neighboring states of Maryland, Pennsylvania and New Jersey all had stronger growth over the past year, Delaware’s slowing job growth is more likely part of a natural cycle than an indicator of a long-term systemic problem.

They say looking over the long term, since the great recession, no neighboring state has had a growth rate over 2% and the US only did that once. However, in the same time, Delaware surpassed a 2% growth rate in 3 consecutive years from 2013-2015.

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