Washington is among the top 10 states seeing unemployment claims recover the quickest since the start of the COVID-19 pandemic, according to a recent study by personal finance website WalletHub.
To identify which states’ workforces are experiencing the quickest recovery from COVID-19, WalletHub compared the 50 states and the District of Columbia based on changes in unemployment claims for several key benchmark weeks.
Overall, Washington ranked No. 9 among states that recovered the most since the start of the pandemic, according to the findings. Florida and South Carolina ranked No. 1 and No. 2, respectively.
Based on the findings, key stats for Washington State include:
- Weekly unemployment claims in Washington decreased by 75.72 percent compared to the same week last year. This was the 9th biggest decrease in the United States.
- Weekly unemployment claims in Washington increased by 1.68 percent compared with the same week in 2019. This was the 8th smallest increase in the United States.
- Weekly unemployment claims in Washington decreased by 44.31 percent compared to the start of 2020. This was the 15th biggest decrease in the United States.
Click here to read the full report.