Delaware’s economic bounce-back from Covid among the nation’s weakest
From: Delaware Business Now
A federal report ranking jobless rates has Delaware ranking in the bottom third among the 50 states.
Delaware finished 37th in the report from the federal Bureau of Labor Statistics.
Separately, the WalletHub financial information website reported that Delaware ranked 42nd in its economic recovery from Covid-19. Click here for the full report that is based on six employment metrics.
|Bounced Back Most||Bounced Back Least|
|1. Indiana||42. Delaware|
|2. Utah||43. Connecticut|
|3. Nebraska||44. Alaska|
|4. Kansas||45. Texas|
|5. Montana||46. Massachusetts|
|6. Oklahoma||47. Maryland|
|7. Minnesota||48. New Mexico|
|8. Alabama||49. Hawaii|
|9. New Hampshire||50. California|
|10. Arizona||51. District of Columbia|
Mid-Atlantic states have seen slower job growth than some states in New England, the South, West, and Midwest. Despite government leaders bragging about its economic performance, Texas is tied with Delaware when it comes to the January jobless rate.
Hawaii, a tourism-dependent state, moved up in the rankings as leisure travel shows strength, according to the federal report.
Below is the ranking of states by jobless rate with Nebraska and Utah tied for first place.
The figures do not reflect the “great American resignation,” since those quitting their job do not usually show up in unemployment figures.
The abundance of some types of jobs is leading some to quit before finding a position with another employer.
|District of Columbia||6.3||51|