These states have the worst unemployment rates

[Yo_Mama_Been_Loggin]

The number of jobs lost due to the coronavirus shutdown continue to mount, with the latest weekly total of Americans applying for unemployment benefits topping 880,000 yet again.

The latest swath of applications brings the total amount of jobless claims to nearly 60 million since the pandemic began to roil the job market in March, wiping out the 20 million jobs added over the last decade by a three-to-one margin.

While some states have seen unemployment applications recede from record highs after the coronavirus pandemic hit the U.S. employment picture in March, some have suffered stubbornly high job losses months into the recovery. In some states unemployment rates shot as high as 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 August 22, Hawaii is currently suffering the worst employment picture with a nation-leading insured unemployment rate of 20.3%. The U.S. territory of Puerto Rico saw its insured unemployment rate rise from 16.1% to 16.7% in this week’s national report to take the second spot. Nevada, New York, and California round out the top five worst job markets, with insured unemployment rates above 14.5% and notably higher than the national average of 9.1% for the same week ended August 22.

https://finance.yahoo.com/news/these-states-have-the-worst-unemployment-rates-143941085.html

[bdamomma]

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