The latest job report released a few hours ago shows new unemployment claims 78% below the peak during the COVID-19 pandemic. To help put these numbers in context, WalletHub just released its report on the States Whose Unemployment Claims Are Recovering the Quickest.
To identify which states’ workforces are experiencing the quickest recovery from COVID-19, WalletHub compared the 50 states and the District of Columbia across three metrics based on changes in unemployment claims.
Change in North Carolina Unemployment Claims (1=Quickest Recovery, 25=Avg.):
- 848.30% Change in Unemployment Claims (Latest Week vs Last Year)
- 31,512 the week of June 8, 2020 vs 3,323 the week of June 10, 2019
- 11th slowest recovery in the U.S.
- 798.29% Change in Unemployment Claims (Latest Week vs Start of 2020)
- 31,512 the week of June 8, 2020 vs 3,508 the week of January 1, 2020
- 6th slowest recovery in the U.S.
- 2,739.24% Change in Unemployment Claims (Since Start of COVID-19 Crisis vs. Last Year)
- 1,085,861 between the week of March 16, 2020 and the week of June 8, 2020 vs 39,641 between the week of March 18, 2019 and the week of June 10, 2019
- 7th slowest recovery in the U.S.
Detailed Findings
| State | Change in Unemployment Claims (Latest Week vs. Last Year)* | Change in Unemployment Claims (Latest Week vs Start of 2020)** | Change in Unemployment Claims (Since Start of COVID-19 Crisis vs. Last Year)*** |
|---|---|---|---|
| Rhode Island | 123.18% | 30.38% | 1392.36% |
| Pennsylvania | 159.37% | 85.74% | 1266.39% |
| Delaware | 117.09% | 175.89% | 1486.13% |
| New Jersey | 220.06% | 68.42% | 1122.95% |
| Idaho | 306.71% | 14.71% | 1291.31% |
| Connecticut | 286.75% | 51.71% | 1002.51% |
| Michigan | 314.33% | 48.04% | 2301.71% |
| Wyoming | 302.01% | 80.97% | 1102.92% |
| Montana | 324.37% | 93.76% | 1190.58% |
| Iowa | 348.87% | 107.50% | 1273.22% |
| Wisconsin | 379.61% | 94.32% | 1094.64% |
| West Virginia | 343.96% | 165.41% | 1557.87% |
| South Dakota | 393.14% | 152.76% | 2377.78% |
| Vermont | 405.97% | 149.26% | 1094.39% |
| Missouri | 422.86% | 131.63% | 1521.05% |
| Arkansas | 413.48% | 246.04% | 1049.91% |
| Utah | 447.68% | 219.30% | 1400.22% |
| Alabama | 471.76% | 189.77% | 1826.75% |
| Hawaii | 413.74% | 266.79% | 1684.97% |
| Illinois | 405.08% | 278.97% | 1116.99% |
| Maine | 580.32% | 78.77% | 2340.01% |
| Ohio | 481.12% | 207.76% | 1647.45% |
| Massachusetts | 553.43% | 218.64% | 1570.40% |
| Oregon | 567.61% | 248.42% | 1009.06% |
| New York | 683.75% | 114.73% | 1449.30% |
| Washington | 588.72% | 235.70% | 1880.20% |
| Kansas | 517.13% | 338.93% | 1499.92% |
| South Carolina | 672.79% | 159.22% | 2280.84% |
| Colorado | 573.17% | 320.07% | 1990.06% |
| Nebraska | 590.73% | 347.50% | 1558.36% |
| Nevada | 472.75% | 536.00% | 1761.62% |
| Arizona | 439.56% | 626.82% | 1148.62% |
| North Dakota | 808.30% | 174.88% | 1887.43% |
| District of Columbia | 534.67% | 524.12% | 1934.87% |
| Maryland | 582.01% | 475.14% | 1824.98% |
| California | 527.94% | 562.70% | 1061.06% |
| Minnesota | 817.38% | 250.32% | 2016.09% |
| New Mexico | 581.04% | 569.96% | 1585.03% |
| Texas | 522.60% | 659.24% | 1432.15% |
| Tennessee | 743.21% | 546.08% | 1750.34% |
| Alaska | 871.21% | 625.69% | 1098.61% |
| Indiana | 1076.98% | 462.74% | 2594.64% |
| North Carolina | 848.30% | 798.29% | 2739.24% |
| Virginia | 983.91% | 780.93% | 2746.36% |
| Louisiana | 879.85% | 1301.81% | 2602.86% |
| New Hampshire | 1365.58% | 813.33% | 3603.94% |
| Kentucky | 1834.56% | 623.73% | 3471.90% |
| Mississippi | 1305.07% | 1429.12% | 1985.66% |
| Florida | 1049.26% | 1768.73% | 3395.47% |
| Georgia | 2918.61% | 666.51% | 4336.57% |
| Oklahoma | 3017.42% | 1827.86% | 2840.56% |
To see the full report you can check out:
https://wallethub.com/edu/