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, along with accompanying videos and audio files.
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. Below, you can see highlights from the report, along with a WalletHub Q&A. To see the states most recovered since the beginning of the COVID-19 pandemic, click here.
Change in California Unemployment Claims (1=Quickest Recovery, 25=Avg.):
- 527.94% Change in Unemployment Claims (Latest Week vs Last Year)
- 243,344 the week of June 8, 2020 vs 38,753 the week of June 10, 2019
- 26th quickest recovery in the U.S.
- 562.70% Change in Unemployment Claims (Latest Week vs Start of 2020)
- 243,344 the week of June 8, 2020 vs 36,720 the week of January 1, 2020
- 14th slowest recovery in the U.S.
- 1,061.06% Change in Unemployment Claims (Since Start of COVID-19 Crisis vs. Last Year)
- 5,377,078 between the week of March 16, 2020 and the week of June 8, 2020 vs 506,763 between the week of March 18, 2019 and the week of June 10, 2019
- 4th quickest recovery in the U.S.
To view the full report and your state’s rank, please visit: