WalletHub: NC 10th most populous state, 10th most jobless claims

WalletHub | North Carolina has the 10th biggest increase in unemployment claims due to COVID-19

With nearly 39 million Americans now jobless as a result of the COVID-19 pandemic but many people actually making more money while unemployed, WalletHub released updated rankings for the States Hit Most by Unemployment Claims.

To identify which states’ workforces have been hurt the most by COVID-19, WalletHub compared the 50 states and the District of Columbia based on increases in unemployment claims. We used this data to rank the most impacted states in both the latest week for which we have data (May 11) and overall since the beginning of the coronavirus crisis (March 16). Below, you can see highlights from the report, along with a WalletHub Q&A.

Increase in North Carolina Unemployment Claims Due to Coronavirus (1=Worst, 25=Avg.):

  • 1,257.77% Increase in Unemployment Claims (May 2020 vs May 2019)
    • 45,974 the week of May 11, 2020 vs 3,386 the week of May 13, 2019
    • 12th highest increase in the U.S.
  • 1,210.55% Increase in the Number of Unemployment Claims (May 2020 vs January 2020)
    • 45,974 the week of May 11, 2020 vs 3,508 the week of January 1, 2020
    • 6th highest increase in the U.S.
  • 3,490.17% Increase in Unemployment Claims Since Pandemic Started
    • 938,296 between the week of March 16, 2020 and the week of May 11, 2020 vs 26,884 between the week of March 18, 2019 and the week of May 13, 2019
    • 7th highest increase in the U.S.

Source: WalletHub

 

States with the Biggest Increases in Unemployment Claims Due to Coronavirus

State Most Affected Last Week  Most Affected Since Start of COVID-19 Crisis
Florida 1 4
Georgia 2 1
Washington 3 20
South Dakota 4 8
New Hampshire 5 2
Virginia 6 6
Mississippi 7 15
Kentucky 8 3
Louisiana 9 5
North Carolina 10 7
New York 11 39
Indiana 12 9
Oklahoma 13 12
Maryland 14 23
Tennessee 15 22
District of Columbia 16 17
Texas 17 33
New Mexico 18 28
South Carolina 19 11
Delaware 20 30
Nevada 21 21
Colorado 22 14
Alaska 23 49
Arizona 24 44
Minnesota 25 13
Illinois 26 43
Alabama 27 19
Hawaii 28 24
Nebraska 29 27
Kansas 30 31
North Dakota 31 16
Connecticut 32 50
Michigan 33 10
California 34 48
Wyoming 35 45
Massachusetts 36 32
Wisconsin 37 47
Missouri 38 26
Utah 39 35
Arkansas 40 41
Oregon 41 51
Idaho 42 38
Iowa 43 37
West Virginia 44 29
Ohio 45 25
New Jersey 46 42
Pennsylvania 47 34
Montana 48 40
Rhode Island 49 36
Vermont 50 46
Maine 51 18

Rank 1 = Most Affected.

Detailed Findings

State Increase in Unemployment Claims (2020 vs 2019)* Increase in Unemployment Claims (May vs January 2020)** Increase in Unemployment Claims (May vs Start of COVID-19 Crisis)***
Florida 3424.19% 4749.00% 4083.76%
Georgia 4019.18% 934.87% 4852.55%
Washington 2534.28% 1348.80% 2367.45%
South Dakota 2220.73% 856.28% 3430.36%
New Hampshire 1893.54% 1107.68% 4254.91%
Virginia 1631.77% 1336.26% 3513.00%
Mississippi 1144.59% 1911.63% 2504.78%
Kentucky 1970.25% 808.91% 4241.99%
Louisiana 1156.23% 1639.63% 3742.17%
North Carolina 1257.77% 1210.55% 3490.17%
New York 1807.71% 405.11% 1672.39%
Indiana 1408.76% 583.60% 3259.09%
Oklahoma 1280.35% 711.42% 2651.14%
Maryland 1164.90% 761.48% 2207.13%
Tennessee 1026.94% 830.35% 2300.30%
District of Columbia 915.80% 955.93% 2454.10%
Texas 873.28% 986.61% 1778.60%
New Mexico 913.78% 894.74% 2138.23%
South Carolina 1371.56% 294.14% 2992.20%
Delaware 1173.30% 521.37% 2004.29%
Nevada 929.83% 801.10% 2331.89%
Colorado 1010.58% 638.71% 2532.98%
Alaska 891.09% 727.42% 1229.36%
Arizona 654.56% 931.13% 1389.34%
Minnesota 1062.51% 332.46% 2542.16%
Illinois 886.40% 518.18% 1390.16%
Alabama 888.63% 413.25% 2375.01%
Hawaii 788.73% 504.82% 2201.90%
Nebraska 800.15% 438.94% 2151.82%
Kansas 740.16% 483.41% 1965.56%
North Dakota 910.33% 262.56% 2499.96%
Connecticut 907.47% 231.29% 1153.63%
Michigan 828.40% 312.36% 3065.47%
California 557.57% 570.25% 1257.60%
Wyoming 823.19% 188.67% 1307.61%
Massachusetts 707.76% 304.99% 1888.10%
Wisconsin 792.14% 143.61% 1282.73%
Missouri 687.80% 248.26% 2152.15%
Utah 598.78% 313.37% 1771.91%
Arkansas 528.29% 313.90% 1454.34%
Oregon 583.89% 231.86% 1142.47%
Idaho 656.22% 85.15% 1677.23%
Iowa 565.65% 184.34% 1689.04%
West Virginia 514.30% 210.29% 2065.72%
Ohio 368.71% 333.07% 2163.24%
New Jersey 485.81% 169.64% 1424.40%
Pennsylvania 437.16% 134.74% 1775.53%
Montana 442.31% 117.62% 1542.21%
Rhode Island 440.25% 95.33% 1711.65%
Vermont 297.35% 208.53% 1287.12%
Maine 60.23% -49.13% 2409.93%

*Refers to the increase in the number of unemployment insurance initial claims in the week of May 11, 2020 compared to the week of May 13, 2019.
**Refers to the increase in the number of unemployment insurance initial claims in the week of May 11, 2020 compared to the week of January 1, 2020.
***Refers to the increase in the Number of Unemployment Insurance Initial Claims between the weeks of March 16, 2020 to May 11, 2020 compared to the weeks of March 18, 2019 to May 13, 2019.

 

Coronavirus Job Losses vs. Great Recession


Sources: Bureau of Labor Statistics, St. Louis Federal Reserve.

 

Red vs. Blue States

 

 

May 21st, 2020 by
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