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Latest WalletHub Survey Says Some States Unemployment Claims Are Increasing
New unemployment claims increased week-over-week a few weeks ago in the face of high inflation and the threat of a recession, up 5.7% from the previous week. To help add some context to this statistic, WalletHub just released updated rankings for the States Where Unemployment Claims Are Increasing the Most.
Key Stats:
While there was an increase in weekly claims nationally, 16 states (including Indiana, New York, and Delaware) and the District of Columbia had unemployment claims last week that were better than the same week last year. Hawaii and New Hampshire recorded no change.
The following states had unemployment claims last week that were higher than in the previous week: North Carolina, North Dakota, New Mexico, Missouri, Oregon, Nevada, Indiana, Hawaii, California, Florida, Wisconsin, Pennsylvania, Minnesota, Massachusetts, South Dakota, Iowa, Oklahoma, Colorado, Alaska, Virginia, New Hampshire, Kentucky and the District of Columbia.
The following states had unemployment claims last week that were higher than in the same week pre-pandemic (2019): Nebraska, Tennessee, Alabama, South Dakota, California, North Carolina, Idaho, Texas, Illinois, Oregon, Minnesota, Georgia, Virginia, Indiana, Utah, Colorado, Kentucky, Massachusetts and the District of Columbia.
Biggest Increase Last Week:
1. Kentucky
2. Massachusetts
3. New Hampshire
4. Colorado
5. Virginia
6. Alaska
7. Iowa
8. California
9. Oregon
10. Minnesota
Smallest Increase Last Week:
42. Montana
43. Ohio
44. South Carolina
45. Mississippi
46. Maine
47. Maryland
48. Arkansas
49. Wyoming
50. New York
51. Delaware