A report from the WalletHub financial website has Delaware ranking 16th in the nation in the rate of economic recovery from the coronavirus pandemic.
The site noted that spikes in Covid-19 may threaten future job growth in the U.S., but new unemployment claims last week were still 79 percent below the peak during the pandemic.
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.
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 or check out the interactive map above.
Recovery rates vary widely. Both New Jersey and Pennsylvania rank in the top five, while Maryland ranks 23rd. However, Maryland has a much lower jobless rate than neighboring states at 8 percent, while Delaware is at 12.5. Delaware ranks 42nd among the 50 states (one being the lowest rate).
Below is a ranking of states by the unemployment rate from the federal Bureau of Labor Statistics.
Kentucky |
4.3 |
1 |
---|---|---|
Utah |
5.1 |
2 |
Idaho |
5.6 |
3 |
North Dakota |
6.1 |
4 |
Maine |
6.6 |
5 |
Oklahoma |
6.6 |
5 |
Nebraska |
6.7 |
7 |
Montana |
7.1 |
8 |
South Dakota |
7.2 |
9 |
Alabama |
7.5 |
10 |
Kansas |
7.5 |
10 |
Georgia |
7.6 |
12 |
North Carolina |
7.6 |
12 |
Wyoming |
7.6 |
12 |
Missouri |
7.9 |
15 |
Arkansas |
8.0 |
16 |
Iowa |
8.0 |
16 |
Maryland |
8.0 |
16 |
New Mexico |
8.3 |
19 |
Virginia |
8.4 |
20 |
Wisconsin |
8.5 |
21 |
District of Columbia |
8.6 |
22 |
Minnesota |
8.6 |
22 |
Texas |
8.6 |
22 |
Mississippi |
8.7 |
25 |
South Carolina |
8.7 |
25 |
Vermont |
9.4 |
27 |
Louisiana |
9.7 |
28 |
Tennessee |
9.7 |
28 |
Connecticut |
9.8 |
30 |
Washington |
9.8 |
30 |
Arizona |
10.0 |
32 |
Florida |
10.4 |
33 |
West Virginia |
10.4 |
33 |
Colorado |
10.5 |
35 |
Ohio |
10.9 |
36 |
Indiana |
11.2 |
37 |
Oregon |
11.2 |
37 |
New Hampshire |
11.8 |
39 |
Alaska |
12.4 |
40 |
Rhode Island |
12.4 |
40 |
Delaware |
12.5 |
42 |
Pennsylvania |
13.0 |
43 |
Hawaii |
13.9 |
44 |
Illinois |
14.6 |
45 |
Michigan |
14.8 |
46 |
California |
14.9 |
47 |
Nevada |
15.0 |
48 |
New York |
15.7 |
49 |
New Jersey |
16.6 |
50 |
Massachusetts |
17.4 |
51 |
Above figures subject to change |