Unemployment in Delaware is now at its lowest level since before the Great Recession.
New data shows the First State’s jobless rate dropped from 3.5% to 3.4% in February. The last time the rate was that low was September 2007.
Unemployment dropped nationally as well—down two points last month from 4% to 3.8%.
Labor experts say there were about 16,400 Delawareans claiming unemployment last month—which is about 3,000 less than in February 2018. The experts say the First State has added about 5,100 non-farm jobs in that time as well.
This month’s labor report points out veterans are also faring better in Delaware’s job market than they do nationally.
Veterans make up almost 10% of Delaware’s population and while many are retired, the unemployment rate among vets locally is at 3% compared with a 3.4% rate among veterans across the country.