Study: States Having the Fastest Recovery of Unemployment Claims
Wednesday, January 25th, 2023
New unemployment claims decreased by 7.3% week-over-week on January 9 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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Every state had unemployment claims last week that were lower than in the previous week except for Oregon, Louisiana, New Mexico, California, Maryland, Rhode Island, Alaska, Idaho, Arkansas, Nevada and Kentucky.
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Every state had unemployment claims last week that were lower than in the same week pre-pandemic (2019) except for Nevada, New York, Indiana, California, Colorado, Utah, Rhode Island and Ohio.
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Surprisingly, 10 states – including Georgia, South Carolina and Colorado – had unemployment claims last week that were worse than the same week last year.
|
Decreased Most Last Week |
Decreased Least Last Week |
|
1. Tennessee |
42. Arkansas |
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2. New Hampshire |
43. Ohio |
|
3. New Jersey |
44. Oregon |
|
4. District of Columbia |
45. Alaska |
|
5. Virginia |
46. Colorado |
|
6. Delaware |
47. Idaho |
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7. Oklahoma |
48. Nevada |
|
8. Kansas |
49. California |
|
9. Alabama |
50. Rhode Island |
|
10. Missouri |
51. Kentucky |
To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/
