States Quickly Recovering From Unemployment

The U.S. is still in the grip of the COVID-19 pandemic, and different states have reopened at different rates. Some states have paused their reopening plans or have even reversed course and issued new restrictions. The U.S. experienced a slight increase in new unemployment claims week-over-week, which shows that we’re in a saw-toothed shaped recovery.

There are currently 11.1 million Americans unemployed due to the COVID-19 pandemic in total. Last week, there were 778,000 new unemployment claims nationwide, which is a lot fewer than the 6.9 million during the peak of the pandemic (an 89% reduction).

New Jersey Ranks #1 for most recovered with Texas is currently rank #23 and New Mexico Coming in last at #51.