New unemployment claims decreased week-over-week on July 19, and were 93% 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 Unemployment Claims Are Recovering the Quickest, along with accompanying videos and audio files.
Key Stats:
The good news is that every state had unemployment claims last week that were better than the same week last year.
Six states had unemployment claims last week that were lower than before the pandemic: Iowa, Arizona, South Carolina, West Virginia, Arkansas, and Vermont.
Most Recovered Last Week Least Recovered Last Week
1. South Carolina 42. Virginia
2. Arkansas 43. Colorado
3. Iowa 44. Texas
4. Arizona 45. Indiana
5. Vermont 46. Nevada
6. South Dakota 47. Tennessee
7. West Virginia 48. Rhode Island
8. Washington 49. Michigan
9. Kansas 50. New Mexico
10. New Hampshire 51. District of Columbia
To view the full report and your state's rank, please visit:
https://wallethub.com/edu/states-unemployment-claims/72730