Lies, Damn Lies & Statistics… The Department of Labor is very consistent in its reporting & follows the rules & regulations. So, the confusion in the numbers is no reflection on the folks at DOL who are responsible for reporting the numbers in accordance withe the rules. The rules are the rules, after all. Even if those rules mislead the public.
Last month, Delaware’s unemployment rate was 8.0%. The rate this month is still 8% despite the fact that Delaware lost 500 more jobs “mainly due to decreases in Construction, Education and Health, and Financial Activities” in the month of June [Source: Delaware Dept of Labor]. However, the State is reporting that it only has 100 more unemployed people. That’s right, we lost 500 jobs but only have 100 more unemployed. That’s because 700 people dropped out of the labor force because they stopped looking for work. These folks aren’t working, and don’t count as “unemployed” because they are not actively seeking employment, which according to the rules means that they are not unemployed despite being out of work.
So, let’s look at the real numbers and ignore the government’s definitions and statistics: Based on the labor force when Governor Markell took office of 445,100 workers & the employment of 391,400 workers today in Delaware, Delaware’s, static model, unemployment rate is: 12% — 50% higher than the rules say the Department of Labor has to report.
With this employment/economic failure that is Delaware, I’m “glad” to see that the Governor is going to become the Chairman of the National Governors Association. With all problems solved in Delaware, he’s got plenty of time to run around the country raising his profile for his next job…