DOVER – Delaware’s unemployment rate ticked down 10 more basis points in October and gained about 2,400 jobs, but the gap between the state’s rate and the national average widened, according to state officials. The ...
DOVER – Delaware’s unemployment rate continued to tick down 10 more basis points in September, although it lost about 2,500 jobs, largely in seasonal occupations like hospitality, according to state officials. The job losses come ...
DOVER – In their first report of the new fiscal year, Delaware’s independent fiscal analysts expressed some concerns about the state’s near-term outlook even while projecting to conclude the fiscal year in June with a ...
WILMINGTON – As the country continues to deal with COVID-19 cases amid a delta variant surge and supply chains around the global recoil from last year’s shutdown, Patrick Harker, president and CEO of the Federal ...
NEW CASTLE – New Castle County recently retained the highest possible bond ratings from the three major agencies ahead of its Sept. 30 sale. The latest round of rating reviews from Fitch, Moody’s and S&P ...
As the pandemic enters its 17th month, rental assistance has been one of the most costly endeavors and has also increased government bureaucracy. The Delaware State Housing Authority is managing COVID-related relief through a new ...
DOVER – Delaware’s unemployment rate continued to inch down 20 more basis points in August, with the state adding jobs in every sector but retail and utilities, according to state officials. The state added 800 ...
WILMINGTON – Although COVID-19 wrought widespread financial pain for many businesses across the country and the world, it conversely led to a boom in filings for Wilmington’s many law firms. As the center for most ...
DOVER – Delaware’s unemployment rate continued a slow but steady fall of 20 more basis points in July, with the state adding jobs in nearly every sector, according to state officials. The state added 3,900 ...
NEWPORT – Amazon’s Boxwood Road plant has sprung up over the past year to loom over the nearby Route 141, and it will soon begin operations with hundreds of employees, a company official said. The ...
WILMINGTON — Capital One, the financial giant which still maintains a heavy downtown Wilmington presence, will be requiring employees who return to the office to be vaccinated come this November. The policy applies to 2,000 ...
WILMINGTON – As the Biden administration continues to promote its response to the COVID-19 pandemic amid a “Build Back Better” tour – 14 Cabinet secretaries are hosting events this week, according to the White House ...
By Philip J. McGinnis & Daniel Wagner Guest Columnists The strength and resilience of the commercial real estate market has been tested many times over the last 100 years – never more so than during ...
DOVER – Delaware’s unemployment rate fell only 10 basis points in June, although the state did add jobs and workers over the start of the summer period in a turnaround from May, according to state ...
DpOVER – Gov. John Carney signed into law June 30 a record-setting spending package that includes a $4.77 billion operating budget, a $1.3 billion capital bill and a $221 million one-time expenditures measure for Fiscal ...
WASHINGTON – President Joe Biden nominated former Delaware Gov. Jack Markell for an ambassadorship to the Organization for Economic Cooperation and Development on Wednesday evening, marking perhaps the most high-profile state appointment to the president’s ...
MIDDLETOWN — Moody’s Investor Service has upgraded its bond rating for $32.8 million in outstanding debt for Middletown, citing the town’s continuous annual growth and strong conservative practices to shore up its reserves. Moody’s upgraded ...
DOVER – In their final report before the state legislature approves the Fiscal Year 2022 budget, Delaware’s independent fiscal analysts added $71.5 million Friday to next year’s budget limit, now totaling more than $5.97 billion, ...
DOVER – Delaware’s unemployment rate fell by 50 basis points to settle just under 6% for the first time this year, although that was largely due to a drop in the state’s labor force, according ...
DOVER – The push to increase Delaware’s hourly minimum wage to $15 by 2025 cleared the state House of Representatives on Thursday and now heads to Gov. John Carney for his consideration. Senate Bill 15, ...
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The labor force captures not only workers and those receiving unemployment benefits, but also those in search of work who aren’t receiving assistance. As workers stop seeking work, for a variety of reasons ranging from retirement to childcare, they are no longer counted as being unemployed in the state. A rising labor force is seen as a positive sign that people are beginning to look for work once again, especially as millions of job openings are available nationwide.