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These states are suffering most from unemployment as Coronavirus pandemic recovery lags
Yahoo Finance ^ | 10/08/2020 | Zack Guzman

Posted on 10/08/2020 8:43:04 AM PDT by SeekAndFind

The number of jobs lost due to the coronavirus shutdown continue to mount, with the latest weekly total of Americans applying for unemployment benefits coming in at 840,000.

While some states have seen unemployment applications recede from record highs after the coronavirus pandemic hit the U.S. employment picture, others have suffered stubbornly high job losses months into the recovery. In some states, unemployment rates have shot higher than 20%.

According to the Department of Labor’s latest report, which breaks out the insured unemployment rate (a ratio of people on unemployment benefits divided by labor force) through September 19, Hawaii is still currently suffering the worst employment picture with a nation-leading insured unemployment rate of 20.1%. The Aloha state has suffered the highest insured unemployment rate in the U.S. since the week ending August 8.

California held steady at second on the list with an unemployment rate at 16.1%, while Nevada remained in the third spot with its own insured unemployment rate at 13.7%. The U.S. territories of Puerto Rico and the Virgin Islands both followed at 12.2% and 12.1%, respectively. All of the top regions are suffering from notably higher insured unemployment rates relative to the national average of 8.2% for the same week.

Compared to pre-pandemic levels, those unemployment rates are notably higher than the worst states listed in the week ended February 22. Back then, Alaska topped the nation with a similar unemployment rate at just 2.9%. As high as the unemployment rates are now in the hardest hit states, they have still marginally improved from peaks seen months prior. Nevada, for example, has seen its unemployment rate improve more than 13 percentage points, down to about 14% from 27% during the week ended May 9.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: california; covid19; georgia; hawaii; louisiana; michigan; nevada; newyork; pandemic; states; unemployment
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1 posted on 10/08/2020 8:43:04 AM PDT by SeekAndFind
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To: SeekAndFind

Anyone know why Georgia and Louisiana are on the list? I could see LA as the drop off of tourists to New Orleans.


2 posted on 10/08/2020 8:49:34 AM PDT by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: SeekAndFind

Thank you, Gretchen, the Horrible. Witch.


3 posted on 10/08/2020 8:51:00 AM PDT by madison10
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To: SeekAndFind
Tourism is the foundation of Hawaii's economy. They are still requiring visitors to be quarantined for two weeks upon arrival. Their unemployment will not go down until they knock it off.
4 posted on 10/08/2020 8:52:24 AM PDT by fireman15
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To: God luvs America

Louisiana might be more due to weather issues, such as a hurricane.


5 posted on 10/08/2020 8:52:44 AM PDT by madison10
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To: God luvs America

Hurricane maybe or tourist drop?


6 posted on 10/08/2020 8:52:49 AM PDT by neverbluffer
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To: God luvs America

Believe the only Republican state on the list is GA, the rest are democrat. We all agree that Trump is the cause of all the bad effects of the virus (/s), but how has he managed to have it afflict democrat states?


7 posted on 10/08/2020 8:53:10 AM PDT by hanamizu
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To: SeekAndFind

Mostly democrat run states where they’re actually trying to destroy the economy to hurt Trump.


8 posted on 10/08/2020 8:53:20 AM PDT by Jim Robinson (Trump stands with us to preserve the Republic. Biden kneels with those wanting to burn it all down.)
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To: SeekAndFind

Am I supposed to believe ANYTHING that is coming from YAHOO?

Please give me a break from all the doom and gloom.

One of the reasons that Dems have ant traction is the constant re-posting of these stories.

Yeah it’s bad. And is’s going to get a lot better when Trump os re-elected.


9 posted on 10/08/2020 8:53:24 AM PDT by Recharged71
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To: Jim Robinson

Accelerated Cloward-Piven Strategy


10 posted on 10/08/2020 8:56:51 AM PDT by Jan_Sobieski (Sanctification)
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To: God luvs America

Atlanta is a big airline hub, home of Delta.


11 posted on 10/08/2020 8:57:03 AM PDT by rfp1234 (Caveat Emperor)
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To: SeekAndFind
the coronavirus shutdown

And I thought it was Democrat Totalitarians that SHUTDOWN their economies. Why do so many businesses let children make decisions or write articles without adult supervision??
12 posted on 10/08/2020 9:00:18 AM PDT by eyeamok
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To: fireman15

I would imagine Hawaii’s economy will be toast for quite a while. No tourism means a lot of businesses will close completely never to come back. All because somebody wants to play tyranny.

They voted for it. SO...


13 posted on 10/08/2020 9:02:01 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: SeekAndFind

Nine of ten are Democrat run. hmmm.


14 posted on 10/08/2020 9:07:02 AM PDT by jmaroneps37
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To: God luvs America

Nevada STILL is NOT issuing unemployment checks to recipients.

Friend filed in March. Hasn’t seen a single dime.


15 posted on 10/08/2020 9:08:50 AM PDT by ridesthemiles
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To: SeekAndFind

Ya know, I’m thinking President MAGA Trump can win NY and CA!


16 posted on 10/08/2020 9:20:39 AM PDT by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))
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To: rfp1234

They also have a large film industry business. Hollywood belongs to the Chinese so they won’t be filming squat for a long time.


17 posted on 10/08/2020 9:28:43 AM PDT by McGavin999 (Kamala tosses out race cards as fast as a Las Vegas Blackjack dealer)
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To: SeekAndFind

If unemployment nationally is 8%, then when you take out these ten states you are left with less then 6% unemployment for the other 40.


18 posted on 10/08/2020 9:41:57 AM PDT by scope721
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To: SeekAndFind

How in the world can you have a recovery if you will not allow everyone to return to work, for the kids to return to school, for life to return to normal?

These last 6 months have been beyond ridiculous, bordering on criminally insane.


19 posted on 10/08/2020 9:46:14 AM PDT by walkingdead (We are sacrificing America's youth on the altar of our own fear. And it is a travesty.)
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To: Jim Robinson

Bingo !

Since the beginning of the Trump presidency the Democrats have done everything to oppose and destroy this wonderful man

All this wonderful man has tried to do is make America great again and therefore all of their actions are to make America horrible

I never ever thought that these democrat morons would continue these lockdowns this long; but stranger things have happened I guess

For example let’s see ! let’s let anarchist take over six square city blocks in a major city in the United States and do nothing about it

Oh and let’s loot and burn down all kinds of major cities and have the government not call in the National Guard to do anything about it

What else?


20 posted on 10/08/2020 10:01:27 AM PDT by Truthoverpower (The guv-mint you get is the Trump winning express ! Yea haw ! Trump Pence II! Save America again)
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