Great Recession

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Delaware is one of only two states in which poverty rose last year.

And more people live in poverty in the state now than before the Great Recession.  

The Wilmington News Journal reports that Census Bureau says it inched up to 13.6 percent from 12.3 percent.

The other state was West Virginia.

In another 20 states saw the poverty rate decline while in the others it remained the same.

The paper reports that some of increase can be traced to the rising Hispanic population which has jumped by 63 percent to more than 89-thousand.

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RICHMOND, Va. (AP) - A new state report says people with disabilities continue to struggle to find employment, particularly in rural areas.

A report released recently by the Virginia Board of People with Disabilities said the employment rate for people with disabilities has not improved noticeably.

The employment rates are lower than the Great Recession and only about a third of the state's disabled population was employed in 2015. The employment rate gap between the disabled and those without disabilities is greater than it was pre-recession.

Don Rush

BALTIMORE (AP) - Labor market analysts say Maryland added 11,500 jobs in February, although the state's unemployment rate held steady at 4.2 percent.

The Baltimore Sun reports that last month's job gains powered the strongest three-month surge of job creation in Maryland since the Great Recession.

The gains, reported Friday by the U.S. Labor Department, pulled more than 14,000 people into the labor force, as people started working or looking for work.  The Labor Department also revised its figures for January to a gain of 13,200, nearly double the previous estimate.

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B.F. Rich Windows and Doors is shutting its doors after 60 years of being in business.

The Ogletown company produced energy-efficient doors and windows.

But the Wilmington News Journal reports that the firm has been struggling for almost ten years and never recovered from the Great Recession that began in 2007.

So this week the company informed its 130 employees that it would be going out of business.

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DOVER, Del. (AP) - Leaders of the legislature's budget-writing committee have failed in their effort to get quick approval from colleagues on spending some $29 million in mortgage settlement money.

Lawmakers have spent months trying to determine how to spend Delaware's remaining share of money from nationwide settlements involving Bank of America and Citigroup to resolve allegations that market misconduct contributed to the financial crash in 2008.

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Time may be running out for 15 developments in Sussex County.

They have until July 1st to demonstrate that they have begun major work at the site.

Otherwise their land use permits will expire.

This would affect nearly 16-hundred homes.

The Wilmington News Journal reports that the County Council issued extensions this week for these projects -- many of which -- were begun in the mid-2-thousands just before the Great Recession decimated the housing market.

The council denied extension for five projects.

news.delaware.gov

Delaware Labor Secretary John McMahon is stepping down amidst allegations of workplace racism in his agency.

He announced yesterday that he will be retiring at the age of 73.

The issue of racism in Delaware state government has gotten the attention of Governor Jack Markell who recently received a report by African American leaders that found state employees complaining of a racially hostile environment.

The Wilmington News Journal reports that Markell is expected to name a replacement in the coming days and he praised him for his work during the Great Recession.

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DOVER, Del. (AP) - A nonprofit group is suing Delaware officials over the use of bank settlement money to help balance the state budget.

The Delaware Community Reinvestment Action Council filed the lawsuit Monday, several months after asking federal officials to oversee distribution of Bank of America settlement funds.

Defendants in the lawsuit are Gov. Jack Markell, the state treasurer, and the legislature's controller general.

Markell's office did not immediately respond to an email seeking comment.

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Mayor Jim Ireton says he wants to offer up some relief to renters in Salisbury.

In his statement he says that residents pay far too much to for quality rentals and charges there has been a problem of greed in the rental industry.

The Salisbury Daily Times reports that he wants to put $8 million back into the local economy.

The paper notes that rents rose dramatically during the early part of the last decade and have continued to climb despite the drop in paychecks during the Great Recession.

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The Delaware Department of Transportation will be spending at levels not seen since the Great Recession began.

There will be $3.4 billion shelled out from the capital transportation plan that runs from 2017 through 2022.

It will spend nearly $600-million on paving and road rehabilitation.

Other projects range from $261-million to widen Delaware Route 1 near the Roth Bridge to $41 million on ramps at the I-95 and SR 141 interchange.

virginia.gov

RICHMOND, Va. (AP) - Gov. Terry McAuliffe is touting higher-than-expected state tax revenues as a sign that Virginia's economy has recovered from the Great Recession.

McAuliffe said at a news conference Monday that the state's revenues were $553 million more than projected for the last fiscal year that ended in June.

The extra revenues, mostly due to income tax collections, will largely be set aside in the state's rainy day fund. The extra money means the state will be able to go ahead with pre-approved raises of 2 percent for state workers.

Don Rush

This July 4th tens of thousands of tourists are expected to pack the boardwalk of Ocean City. And, as Delmarva Public Radio's Rachel Taylor reports the resort feels like it is bouncing back from the Great Recession.

Don Rush

There were around a quarter of a million people in Ocean City this past Memorial Day weekend which marks to the first day of the summer season.

And all of the 600 campsites were full.

With the big crowds and good weather many businesses have finally begun to see an end to the impact of the Great Recession.

Jessica Waters with the resort told the Salisbury Daily Times that it was an exciting start to the season.

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ANNAPOLIS, Md. (AP) - Consumer spending in Maryland rose slowly but steadily in the years after the Great Recession.

The figures come from a report the government released Thursday. For the first time, the report shows consumer spending on a state-by-state basis.

Consumer spending increased about 8 percent from 2009 through 2012, the latest year for which figures are available. The Great Recession officially ended in June 2009.