Philadelphia Fed report: Delaware sees slow job growth, higher income growth
That disappointing number is offset somewhat by higher income growth.
The bank's Tri-State Tracking report for May showed a 1.2% job growth rate in the First State, below the 1.6 in
The June unemployment rate for
Total employment dropped slightly in
Reasons for the lower participation rate remain elusive but may center on an older workforce, some young people staying home and not seeking employment or a lack of day care options.
One bright spot came in income growth, with
An area of concern for
The Philadelphia Fed's region takes in the entire state of
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