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First State unemployment rate plunges in November

Delaware’s seasonally-adjusted unemployment plunged almost a half of percentage point in November, according to the state Department of Labor.

The First State’s jobless rate now stands at 6 percent. That’s down four tenths of a point from October’s unemployment rate of 6.4 percent. It marks the fourth straight month of a stable or falling unemployment rate in Delaware and the largest monthly decline of 2014.

Delaware’s job growth over a 12-month period from last November was 2.9 percent. That rate is unchanged from October when a study released by the political website Governing.com found that the First State’s year over year job growth rate ranked fourth in the nation. Only North Dakota, Utah and Texas ranked higher.

All three of Delaware’s counties saw big dips in their unemployment rates. Kent and New Castle counties both saw their rates drop from 6.1 to 4.9 percent. Sussex’s jobless rate fell half a percentage point to 5.3 percent.

The city of Wilmington also saw its unemployment rate dive from 9 to 7.4 percent.

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