WalletHub Study Shows States with the Quickest Weekly Unemployment Claims Recovery
With COVID-19’s continued grip on the U.S. and an uptick in COVID-19 cases and hospitalizations, new unemployment claims increased slightly week-over-week, but were still 89% below the peak during the COVID-19 pandemic. To help add some context to these statistics, WalletHub just released updated rankings for the States Whose Weekly 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. 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.