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Thursday, April 23, 2020

States with the Biggest Increases in Unemployment Due to COVID-19

By Selected News Articles @ 4:12 PM :: 5633 Views :: Economy, Labor, COVID-19
 

States with the Biggest Increases in Unemployment Due to COVID-19

From Wallet Hub, April 23, 2020

As the U.S. economy has slowed to a crawl due to COVID-19, countless businesses have shut their doors in accordance with the resulting social distancing policies. Consequently, many businesses have furloughed or laid off employees, and roughly 26.5 million Americans have found themselves temporarily or permanently out of a job since the week of March 16. Though some states are already relaxing certain social distancing restrictions or are planning to soon, a full reopening of the economy still seems far off. Americans should expect to see incremental change, as recommended by the White House, rather than a sudden jump back to normalcy.

While Americans have started to receive their government stimulus payments , those who are jobless will likely still struggle. However, not all states have experienced the same levels of unemployment due to the pandemic. To identify which states’ workforces have been hurt most by COVID-19, WalletHub compared the 50 states and the District of Columbia based on increases in unemployment claims. They used this data to rank the most impacted states in both the latest week for which we have data (April 13) and overall since the beginning of the coronavirus crisis (March 16).

read … Full Report

States with the Biggest Increases in Unemployment Due to Coronavirus

Hawaii

19 -- Most Affected Last Week

20 -- Most Affected Since Start of COVID-19 Crisis

2577.15% -- Increase in Unemployment Claims (2020 vs 2019)*

1350.79% -- Increase in Unemployment Claims (April vs January 2020)**

3009.22% -- Increase in Unemployment Claims (April vs Start of COVID-19 Crisis)***

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