States Whose Unemployment Claims Are Recovering the Quickest
Wallet Hub, Oct 7, 2021
The U.S. is making significant progress in the fight against COVID-19 with the distribution of the vaccine, and this has been reflected in the job market, as new unemployment claims decreased week-over-week on September 27. There are currently 8.4 million Americans unemployed due to the COVID-19 pandemic in total, though, and it’s important to look at some key stats for the latest week to get the full picture:
There were 326,000 new unemployment claims nationwide, which is a lot fewer than the 6.1 million during the peak of the pandemic (a 95% reduction).
18 states had unemployment claims last week that were lower than before the pandemic: South Carolina, Arkansas, West Virginia, South Dakota, Wyoming, Montana, Kansas, Missouri, Iowa, Nevada, Illinois, Washington, New Hampshire, Arizona, North Dakota, Delaware, Maryland and New Jersey.
Surprisingly, D.C. had unemployment claims last week that were worse than the same week last year.
To identify which states’ workforces are experiencing the quickest recovery from COVID-19, WalletHub compared the 50 states and the District of Columbia based on changes in unemployment claims for several key benchmark weeks…
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|Recovered Most Since Last Week
|Recovered Most Since Start of COVID-19 Crisis
|Change in Unemployment Claims (Latest Week vs. 2019)*
|Change in Unemployment Claims (Latest Week vs. Start of 2020)**
|Change in Unemployment Claims (Latest Week vs. Same Week of 2020)***
|Change in Unemployment Claims (Since Start of COVID-19 Crisis vs. Previous Year)****