Study: States Having the Quickest Recovery of Unemployment Claims
Friday, February 3rd, 2023
New unemployment claims decreased slightly week-over-week on January 23 amid high inflation and the threat of a recession. To help add some context to these statistics, WalletHub just released updated rankings for the States Where Unemployment Claims Are Decreasing the Most.
Key Stats:
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24 states had unemployment claims last week that were lower than in the previous week: Kentucky, Arkansas, West Virginia, Ohio, Maryland, Rhode Island, Maine, Missouri, Michigan, Idaho, California, Louisiana, Alabama, Nevada, New Hampshire, New Mexico, Arizona, North Carolina, Delaware, Oklahoma, South Carolina, Massachusetts, Washington and Connecticut.
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Every state had unemployment claims last week that were lower than in the same week pre-pandemic (2019) except for Minnesota, Idaho, Massachusetts, South Carolina, Tennessee, North Carolina, New York, Indiana, Texas, Georgia, Colorado, Oregon and Utah.
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Surprisingly, 13 states – including South Carolina, Colorado, and Utah – had unemployment claims last week that were worse than the same week last year.
Decreased Most Last Week |
Decreased Least Last Week |
1. Kentucky |
42. Hawaii |
2. West Virginia |
43. Wisconsin |
3. Maryland |
44. Alaska |
4. Arkansas |
45. Kansas |
5. New Hampshire |
46. New York |
6. Oklahoma |
47. Colorado |
7. Delaware |
48. Montana |
8. Maine |
49. Georgia |
9. District of Columbia |
50. Oregon |
10. Florida |
51. Utah |
To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/