Louisiana Has Slowest Recovery of Weekly Unemployment Claims

Virus Outbreak Louisiana
Recipients sign in to receive food at the Giving Hope Food Pantry in New Orleans, Tuesday, July 21, 2020. (AP Photo/Gerald Herbert)

WASHINGTON, D.C. – With COVID-19’s continued grip on the U.S., new unemployment claims increased slightly week-over-week on Sept. 14, but were still 87% 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 Weekly Unemployment Claims Are Recovering the Quickest.

To identify which states’ workforces are experiencing the quickest recovery from COVID-19, WalletHub compared the 50 states and the District of Columbia across three metrics based on changes in unemployment claims. Below, you can see highlights from the report, along with a WalletHub Q&A. To see the states most recovered since the beginning of the COVID-19 pandemic, click here.  

Change in Louisiana Weekly Unemployment Claims (1=Quickest Recovery, 25=Avg.)

  • 751.06% Change in Unemployment Claims (Latest Week vs Last Year)
    • 14,068 the week of September 14, 2020 vs 1,653 the week of September 16, 2019
    • 2nd slowest recovery in the U.S.
       
  • 748.49% Change in Unemployment Claims (Latest Week vs Start of 2020)
    • 14,068 the week of September 14, 2020 vs 1,658 the week of January 1, 2020
    • 2nd slowest recovery in the U.S.
       
  • 1,774.88% Change in Unemployment Claims (Since Start of COVID-19 Crisis vs Last Year)
    • 988,375 between the week of March 16, 2020 and the week of September 14, 2020 vs 55,687 between the week of March 18, 2019 and the week of September 16, 2019
    • 6th slowest recovery in the U.S.
Categories: COVID-19, Today’s Business News