Coronavirus job losses hit these 3 states the hardest
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 3 million, yet again.
The latest swath of applications brings the total amount of jobless claims to more than 33 million over the past seven weeks, more than wiping out the 20 million jobs added over the last decade.
But some states have been feeling the impact of job losses more than others. A Yahoo Finance review of jobless claims data from the U.S. Department of Labor reveals that Georgia and other states in the South have been particularly hard hit since the coronavirus pandemic brought the country’s economy to a grinding halt.
Comparing each state’s average weekly jobless claims totals over the past six weeks to the week before shutdowns started occurring, reveals Georgia, Florida, and Alabama to be the three states showing the largest percentage spike in people applying for unemployment benefits. Georgia in particular saw jobless claims average a nearly 5,000% spike versus the week ending March 14. Florida and Alabama saw slightly less dramatic peaks, with claims surging about 4,000%.
https://finance.yahoo.com/news/coronavirus-job-losses-hit-these-3-states-the-hardest-153251227.html
