Governor Statement on Delaware Setting Jobs Record
State surpasses pre-recession jobs level
Wilmington, DE – Delaware has set an all-time jobs record according to the Monthly Labor Review released today by the Delaware Department of Labor. The 443,700 jobs reported in this month’s review top the previous high mark of 442,300 in February, 2008, prior to the Great Recession.
“After nearly two years of job growth that has surpassed the national average, today’s news shows that we have made significant progress in growing our economy, but we cannot ever be satisfied when our ultimate mission is to make quality job opportunities available to every Delawarean who seeks them,” said Governor Markell. “We must recommit to strengthening our schools and workforce training initiatives, supporting research and innovation, and giving every individual and business a fair chance to reach their potential.”
According to the Department of Labor, Delaware’s total nonfarm jobs through October 2014, had increased 2.9 percent from October 2013, as compared to a national increase of 1.9 percent. Delaware’s job growth has also more than doubled that of our neighboring states over the past year. In addition, the labor force participation rate and the employment to population ratio are up by 1.1 percentage points from a year ago.