Delaware’s monthly employment report has just been issued by the State’s Department of Labor, and since last January, Delaware’s non-farm payroll has increased by 4,000 jobs, a 1% increase beating the national rate of .8%. So, what’s not to like?
How about the fact that Delaware’s Civilian Labor Force has dropped by almost 7,000 people. How about that almost 1/2 of the new jobs are Government jobs? How about that Manufacturing and Financial Services have lost 1,000 jobs.
Our policy-makers have not yet realized that Delaware’s days at the top of the hill are over. That the policies put in place over the last 20 years have killed the golden-egg laying goose.
I hope that they realize what they’ve done before we descend even further. The Caesar Rodney Institute (http://www.caesarrodney.org/) reported, yesterday, regarding CNBC’s ranking of top State’s for conducting business. CNBC ranked Delaware as 42nd in the Nation. 42nd! Even after ranking Delaware 1st in “Business Friendliness” (aka regulatory/legal environment), we got crushed for our “cost of doing business”, “quality of life”, “the economy”, and “transportation and infrastructure”.
Let’s see how the local news coverage handles this…